SM Investments Technical Analysis: Buy the Dips Like What Foreign Investors Do?

SM Investments Technical Analysis: Buy the Dips Like What Foreign Investors Do?

Foreign investors have already registered a Net Foreign Buying worth P1.5 billion shares of SM Investments Corporation since Wednesday last week. Should you follow the moves of these deep-pocketed investors or you’d rather wait for the Momentum Power Indicator to become bullish and for you to have a more attractive reward-to-risk ratio? Read our latest technical analysis of SM Investments Corporation to have a data-driven basis for your next action.