JOLLIBEE FOODS CORPORATION (JFC) – 08.11.2014 Intraday Stock Review

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Stock Analysis - JayceeDeGuzman.com

REMINDER: The Intraday Stock Reviews I write are based from the historical data of each stock, including today’s data. The interpretations in each review may not be the exact same interpretations we will get after a few seconds or minutes due to the volatility of the market. Each Intraday Stock Review is meant to give you an overview of what has been happening in today’s trading.

As of August 11, 2014 at 11:43AM GMT+8, JOLLIBEE FOODS CORPORATION (JFC) is at PHP180.50 per share, which is PHP2.30 or 1.26% LOWER than the closing price on August 8, 2014.

JOLLIBEE FOODS CORPORATION (JFC) - 08.11.2014 Intraday Stock Review

JOLLIBEE FOODS CORPORATION (JFC) Intraday Stats

Bearish/Bullish/Sideways: Sideways
RSI: 50.55
P/E: 35.43
Fair Value: PHP126.00
Current Share Price: PHP180.50
Support: PHP175.00
Resistance: PHP187.00
Volume: 338,190

Observations

From July 30 to August 5, daily increase in volume was spotted. Technically, there’s already a signal to sell JFC since August 4, 2014. When the experienced traders noticed that buying rally still continued on August 5th, they took the ride and put the profit-taking plan on hold until August 6th. Then, a staggered profit-taking activity has been happening since then. The recent “ChickenSad” issue of JFC just put more weight to the on-going selling rally.

JFC’s volume is higher than the volume on August 8th despite that we’re still a few minutes before the market’s recess.

JFC was able to recover a bit after its intraday lowest low during the first few minutes of trading.

Action Plans You May Consider

Is your average price higher than JOLLIBEE FOODS CORPORATION ‘s current share price?
Hold your position for now.

Is your average price lower than JOLLIBEE FOODS CORPORATION’s current share price?
Take advantage of these significant dips on the share price. Buy if your buying power allows.

You don’t have JOLLIBEE FOODS CORPORATION  in your stock portfolio yet?
Do not enter a position just yet. Wait for the MACD to issue a confirmed crossover with the signal line.

Do you have a friend who also has JOLLIBEE FOODS CORPORATION (JFC) in his or her stock portfolio?
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Jaycee De Guzman

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