SEE_Research

NOW SHOWING: The Trilogy of FAST & FURIOUS Shows - PART 11 (UPDATED NUMBER : 3 N ) on Steel & Aluminium Companies in KLSE + KSSC TRADING BUY

SEE_Research
Publish date: Thu, 22 Jul 2021, 07:48 AM
Predicting KLSE market uptrends

NOW SHOWING: The Trilogy of FAST & FURIOUS Shows - PART 11

 (UPDATED NUMBER : 3 N  ) on Steel & Aluminium Companies in KLSE + 

KSSC

 
TRADING BUY 
ON TECHNICAL CHART 
that has potential process of rebound 

image.png

 

The above picture shows : the ALUMINIUM alloy 

WINDOW OPENS 

with great opportunities to view the 

listed stock --- 

KSSC /5192   in KLSE 

 

 that is related to metal  inter related products 

 


 


 ====================================================================

 

SEE_RESEARCH 
 
KSSC /5192
 SUMMARY 
Target Prices
 
(i)  First Immediate term ---   RM 0.94 to RM 1.05 
 
 
  • 1ST Target Price:    RM 0.94 
  • 2ND Target Price :  RM 1.05 
  • Last closing price:   RM0.83 
  • Potential return: 13 %, 26 %
  • Support: RM0.74 
  • Stop Loss: RM0.70

Possible for further recovery. 

KSSC  is recovering from its technical retracement phase, with anticipation of continuous improvement in both momentum and trend in the near term. Should the immediate resistance level of RM0.94 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM 1.05

However, failure to hold on to support level of RM0.70 may indicate weakness in the share price and hence, a cut-loss signal.

 

 ====================================================================
 
 REMARKS 
Failure to close above RM 0.70, need to exit .
 

 

Thanks for reading and see you in the next post.
THE ABOVE IS NOT A BUY OR SELL CALL AND IS ONLY A PERSONAL OPINION , WRITTEN AS ARTICLE FOR SHARING PURPOSES TO KLSE COMMUNITY MEMBERS.

DISCLAIMER : Investment involves risks, including possible loss of investment  and other losses. 

This article and charts are provided for information only and should not be construed as a solicitation to buy or sell any of the instruments mentioned herein. The author may have positions in some of these instruments. The author shall not be responsible for any losses or profits resulting from investment decisions based on the use of the information contained herein. If investments and other professional advice are required, the services of a licensed professional person should be sought.

 

 

ISSUED BY SEE RESEARCH

(SENSING EAGLE EYES RESEARCH )

 
 
 
 

 

More articles on SEE_Research
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment