{"id":321550,"date":"2023-02-15T05:06:00","date_gmt":"2023-02-14T21:06:00","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=321550"},"modified":"2023-02-15T08:49:35","modified_gmt":"2023-02-15T00:49:35","slug":"pse-market-outlook-15-feb-2023-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/pse-market-outlook-15-feb-2023-by-regina-capital-development-corp\/","title":{"rendered":"PSE Market Outlook (15 Feb 2023) by Regina Capital Development Corp."},"content":{"rendered":"\n
<\/div>\n\n\n\n
\"\"<\/figure>\n\n\n\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>15 Feb 2023<\/td><\/tr>
PSEi Support<\/strong><\/td>6,700 \/ 6,600<\/td><\/tr>
PSEi Resistance<\/strong><\/td>6,900<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

Hmm\u2026 February getaway? Looks like the bulls are on vacation mode as the buying pressure still remains weak in the third week of the month. <\/p>\n\n\n\n

The local bourse slid by -0.69% or -47.52pts to 6,791.24 during the last session. So far, the index is now nearing its 50-d MA, which acts as a support, and indicators are by far still skewed towards bearishness. <\/p>\n\n\n\n

Peeking at the indicators, the RSI is pointing downwards, while the MACD sustained its wide gap, displaying the lukewarm demand from the side of the bulls. <\/p>\n\n\n\n

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

Our Partner Broker’s Recommendation<\/h2>\n\n\n\n

All things considered, we still cannot feel the presence of bargain hunters in the market that could catapult the PSEI up, hence, we suggest investors to trade cautiously. <\/p>\n\n\n\n

Support: 6,700.00 \/ 6,600.00.<\/p>\n\n\n\n

Resistance: 6,900.00.<\/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":"

Peeking at the indicators, the RSI is pointing downwards, while the MACD sustained its<\/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-321550","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\/321550","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=321550"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/321550\/revisions"}],"predecessor-version":[{"id":321553,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/321550\/revisions\/321553"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=321550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=321550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=321550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}