I think few days ago, I have already shared my viewpoint for this counter.
Indeed , it is showing first sign of reversal indication as reflected with a wide bearish candlestick, looks rather weak!
Short term wise, I think likely to go further South to retest $2.86.
Breaking down of $2.86 plus high volume that may likely drive the price lower towards $2.70 then $2.60 level.
Not a call to buy or sell.
Pls dyodd.
Chart wise, looks bullish!
Share price has been trending upwards from $1.60 to a high of $3.09 it seems that market are gearing towards safe heaven counter that saw its yield decreasing from 4.5% to a low of 2.5%.
NAV 1.176
P/B 2.58
We wouldn't know when the music will stop!
I always believe what goes up high will come down one of these days!
Not a call to buy or sell.
Pls dyodd.
am also waiting for a pullback so thaat i may add this to my portfolio. just hope its not connected to kep corp
ReplyDeleteYup! Wait for a nice pullback then see Augustus next direction
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