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Sunday, September 1, 2019

Hongkong uSD

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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