{"id":320713,"date":"2023-01-11T05:06:00","date_gmt":"2023-01-10T21:06:00","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=320713"},"modified":"2023-01-11T09:08:26","modified_gmt":"2023-01-11T01:08:26","slug":"pse-market-outlook-11-jan-2023-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/pse-market-outlook-11-jan-2023-by-regina-capital-development-corp\/","title":{"rendered":"PSE Market Outlook (11 Jan 2023) by Regina Capital Development Corp."},"content":{"rendered":"\n
<\/div>\n\n\n\n

Today’s PSEi Outlook<\/h2>\n\n\n\n
Outlook on<\/strong><\/td>Philippine Stock Exchange index (PSEi)<\/td><\/tr>
Broker<\/strong><\/td>Regina Capital Development Corp.<\/td><\/tr>
Opinion Issued on<\/strong><\/td>11 Jan 2023<\/td><\/tr>
PSEi Support<\/strong><\/td>6,600<\/td><\/tr>
PSEi Resistance<\/strong><\/td>6,800<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

As expected, the local bourse pulled back after once again teasing the 6,800.00 resistance\u2014which further solidifies our previous analysis that this level is what investors like to think of as their short-term profit-taking point. <\/p>\n\n\n\n

The index closed -0.49% lower at 6,756.69 yesterday. Indicators, however, are still on a buy sign. This gives us enough reason to believe that while a correction is imminent following Monday\u2019s breakout, it is highly likely that the index won\u2019t post a deep breakdown. <\/p>\n\n\n\n

If anything, the support at 6,600.00 will hold and catch the fall. <\/p>\n\n\n\n

Support: 6,600.00.<\/p>\n\n\n\n

Resistance: 6,800.00.<\/p>\n\n\n\n

<\/div>\n\n\n\n

This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

As expected, the local bourse pulled back after once again teasing the 6,800.00 resistance\u2014which further<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-320713","post","type-post","status-publish","format-standard","hentry","category-market-outlook","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/320713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=320713"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/320713\/revisions"}],"predecessor-version":[{"id":320717,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/320713\/revisions\/320717"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=320713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=320713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=320713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}