Daily Archives: March 8, 2022

On Balance: Daily Notes for March 09, 2022

Posted on March 8, 2022 by research

OUR VIEW Trade cautiously as worries over higher inflation than the expectation are rising after the global oil prices are on a strong uptrend movement. Many industries are expected to adversely get affected by the surging oil prices starting with … Continue reading →

Comments Off

On Balance: Daily Notes for March 08, 2022

Posted on March 8, 2022 by research

OUR VIEW This Tuesday, the local market may attempt to get back above its 7,300 support and its 50- day exponential moving average. Sell positions if the market is unable to do so. If the PSEi cannot get back above … Continue reading →

Comments Off

On Balance: Weekly Notes for March 07, 2022

Posted on March 8, 2022 by research

OUR VIEW Trade cautiously. This week, the local market may continue to move sideways within its 7,300 support and 7,500 resistance. The sustained improvements over our COVID-19 situation is seen to fuel positive sentiment which can provide the market support. … Continue reading →

Comments Off