{"id":321388,"date":"2023-02-08T05:06:00","date_gmt":"2023-02-07T21:06:00","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=321388"},"modified":"2023-02-08T08:50:45","modified_gmt":"2023-02-08T00:50:45","slug":"pse-market-outlook-8-feb-2023-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/pse-market-outlook-8-feb-2023-by-regina-capital-development-corp\/","title":{"rendered":"PSE Market Outlook (8 Feb 2023) by Regina Capital Development Corp."},"content":{"rendered":"\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"gb-block-image gb-block-image-64e81554\"><img loading=\"lazy\" decoding=\"async\" width=\"1916\" height=\"877\" class=\"gb-image gb-image-64e81554\" src=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2023\/02\/PCOMP-as-of-February-7-2023.gif\" alt=\"\" title=\"PCOMP as of February 7, 2023\"\/><\/figure>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Today&#8217;s PSEi Outlook<\/h2>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Outlook on<\/strong><\/td><td>Philippine Stock Exchange index (PSEi)<\/td><\/tr><tr><td><strong>Broker<\/strong><\/td><td>Regina Capital Development Corp.<\/td><\/tr><tr><td><strong>Opinion Issued on<\/strong><\/td><td>8 Feb 2023<\/td><\/tr><tr><td><strong>PSEi Support<\/strong><\/td><td>6,800 \/ 6,600<\/td><\/tr><tr><td><strong>PSEi Resistance<\/strong><\/td><td>7,000 \/ 7,200<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>The index failed to bounce back from Monday session&#8217;s drop as it declined by -0.80% or -55.35pts, settling at 6,881.26 yesterday. <\/p>\n\n\n\n<p>Based on its recent price action, the market appears to struggle in finding its support level. <\/p>\n\n\n\n<p>So far, indicators unanimously agree that the local bourse lacks momentum&#8211; at least for this week&#8211; with the RSI pointing south, and while the MACD histograms maintained its horizontal move. <\/p>\n\n\n\n<p>Investors might want to wait a little further before reentering when the index already stabilizes. <\/p>\n\n\n\n<p>Support: 6,800.00 \/ 6,600.00.<\/p>\n\n\n\n<p>Resistance: 7,000.00 \/ 7,200.00,<\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p style=\"font-size:16px\"><em><em><em>This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about <a href=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/our-partner-brokers\/\">our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investors might want to wait a little further before reentering when the index already stabilizes. <\/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-321388","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\/321388","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=321388"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/321388\/revisions"}],"predecessor-version":[{"id":321393,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/321388\/revisions\/321393"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=321388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=321388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=321388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}