My Analysis for SM Prime (SMPH)
I will trade SM Prime!
It tested the P37.50 four times na. It is also a test for it’s current 200MA po This might be a good support and entry point for Prime for a medium to long term trade.
It will receive an allocation of P1.1M for 30,000 shares. COL’s fair value estimate is P40.7o, so there is a room for a good price appreciation.
Disclaimer: This is not a recommendation. Trade at your own risk. Before you invest/trade your money, do your own research.