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Friday, September 6, 2019

HKland

Looks like it has managed to bounced off from the low of $5.16 and rises higher to touch the high of $6.00 looks pretty healthy and encouraging!

Looking at the Monthly chart patterns, It is kind of doing a rebound from the lower trend line of 5.46 and managed to stay higher at 5.70, looks rather positive.


Short term wise, I think it may move up to re-attempt $6.00 again.
Crossing over with ease + good volume that may propel to drive the price higher towards $6.50 then $7.00.

Not a call to buy or sell.

Pls dyodd.



1st September 2019
TA wise ,looks like it is consolidAting after touching the low of $5.16.


The current price of $5.46 is trAding at Price per book ratio of 0.33,seemingly over sold!
I think value i appealing!

DIVIDEND of 22 cents is giving a yield of 4% which is quite decent!

Short term wise,I think it may move up to retest the recent high of $5.57. BREAKING out with good volume that may drive the price higher towArd $5.89 then $6.01.

Not a call to buy or sell.

Pls Dyodd

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