Stock: FB
Company: San Miguel Food and Beverage Inc.
Support: 70.00
Resistance: 73.00 / 78.00

We expect the stock to test the next resistance zones of P73.00 and P78.00.

Recommendation

We recommend buying on breakout of P73.00 with a resistance target P74.00 and P80.00, place a strict mental stop if the stock closes below P70.00.

Material in this article is obtained from sources we believe to be reliable, but its reliability or precision cannot be guaranteed. This is for the sole purpose of providing details and does not provide an offer from us to buy or sell securities mentioned in this document.

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