PSEI AND JOLLIBEE TANDEM FALL; WHAT’E NEXT?

finwazebackend, November 26, 2019, Stock Market, 0

Asian stocks rise as trade talks gain momentum

Asian stocks rose on Tuesday as an apparent olive branch from Beijing in trade talks with Washington added to other recent signs of progress, fuelling a rally in Wall Street’s main benchmarks to record highs.READ MORE

PSEI & JOLLIBEE TECHNICAL CHART

KEY TAKEAWAYS

Remember Jollibee is for Value Investing and not speculative stock
Buy only at critical support for Peso Averaging
PSEi still in tandem with US-CHINA trade talks
Strong Peso is also part of the fall
When PSEi rebounds we expect the JFC will rally to 220 or higher

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Article by: Ashok MBA – Strategic Financial Coach

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