News / Philippine Stock Market
PEP is probably the equivalent of a roller coaster in the stock market. It seems that the ride has been one very emotional up-and-down trip.
The latest movement shoved the stock above P1 again. But overall, it’s still in a sideways movement that awaits a clear direction.
On the whole, I think the play for PEP is over and we should just avoid this until we know its real trend. As for those who still have it, just sell on a rally.
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