Kelington Group is poised to print a new-high level as it moved above the immediate resistance level of MYR1.25 on strong trading volume yesterday – forming a long white candle amid the “higher low” bullish structure.
The strong upward momentum is expected to lift the stock towards the next resistance pegged at MYR1.34, followed by MYR1.40, the new-high.
If the stock falls below the MYR1.17 support, this expectation will be voided.
Source: RHB Securities Research - 29 Jul 2021
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Comfort Warrant /2127 WB
Type: |
Warrants |
Sector: |
|
Listing Date: |
Jul 06, 2021 |
Maturity Date: |
Jun 26, 2026 |
Issue Size: |
174,132,762 |
Exercise Price: |
MYR 2.30 |
Ratio: |
1:1 |
Underlying Stock: |
COMFORT |
Avg Volume (4 weeks): |
15,309,080 |
4 Weeks Range: |
0.375 - 0.745 |
52 Weeks Range: |
0.305 - 0.745 |
|
Additional Info
Last Price |
Today's Change |
Day's Range |
Trading Volume |
0.52 |
-0.015 (2.80%) |
0.515 - 0.54 |
7,238,300 |
Recent Prices
Date |
Open |
Range |
Close |
Change |
Volume |
06/08/2021 |
0.53 |
0.515 - 0.54 |
0.52 |
-0.015 (2.80%) |
7,238,300 |
05/08/2021 |
0.535 |
0.53 - 0.55 |
0.535 |
0.00 (0.00%) |
6,227,800 |
04/08/2021 |
0.53 |
0.52 - 0.55 |
0.535 |
+0.005 (0.94%) |
7,001,100 |
03/08/2021 |
0.535 |
0.52 - 0.565 |
0.53 |
-0.005 (0.93%) |
9,223,200 |
02/08/2021 |
0.57 |
0.53 - 0.575 |
0.535 |
-0.025 (4.46%) |
6,139,500 |
30/07/2021 |
0.545 |
0.53 - 0.575 |
0.56 |
+0.015 (2.75%) |
9,240,800 |
29/07/2021 |
0.59 |
0.54 - 0.60 |
0.545 |
-0.045 (7.63%) |
18,130,100 |
28/07/2021 |
0.615 |
0.58 - 0.635 |
0.59 |
-0.01 (1.67%) |
13,378,600 |
27/07/2021 |
0.645 |
0.57 - 0.65 |
0.60 |
-0.04 (6.25%) |
13,073,600 |
26/07/2021 |
0.73 |
0.64 - 0.745 |
0.64 |
-0.07 (9.86%) |
22,769,200 |
23/07/2021 |
0.68 |
0.67 - 0.74 |
0.71 |
+0.045 (6.77%) |
24,127,300 |
22/07/2021 |
0.605 |
0.585 - 0.715 |
0.665 |
+0.07 (11.76%) |
34,828,700 |
21/07/2021 |
0.475 |
0.47 - 0.605 |
0.595 |
+0.125 (26.60%) |
29,668,400 |
19/07/2021 |
0.47 |
0.46 - 0.485 |
0.47 |
+0.005 (1.08%) |
3,820,400 |
16/07/2021 |
0.485 |
0.46 - 0.495 |
0.465 |
-0.005 (1.06%) |
16,209,700 |
15/07/2021 |
0.40 |
0.395 - 0.49 |
0.47 |
+0.07 (17.50%) |
26,114,800 |
14/07/2021 |
0.395 |
0.38 - 0.425 |
0.40 |
+0.005 (1.27%) |
12,464,200 |
13/07/2021 |
0.38 |
0.375 - 0.40 |
0.395 |
+0.01 (2.60%) |
7,730,200 |
12/07/2021 |
0.415 |
0.375 - 0.42 |
0.385 |
-0.03 (7.23%) |
9,285,200 |
09/07/2021 |
0.39 |
0.38 - 0.43 |
0.415 |
+0.025 (6.41%) |
29,510,500 |
|
==============================================================
Technical Charts
Technical Buy + Trading Buy
KGB Warrant
1. It will be good to put KGB Warrant inside your favourite watch list for buy orders on the
KGB Warrant as it behaves almost identical pattern as
Analysis on Comfort Warrant WB
1.1 Comfort Warrant , WB
first day of listing 6 July 2021 / limit up RM 0.305
1.2 From 6 July 2021 (1st day ) to total another 13 trading days -- to 26 July 2021/ RM 0.745
total gain from RM 0.305 to RM 0.745 =RM 0.44 that translates to 145 %
July 2021
1.3 . 1 /1st day / 6 / limit up RM 0.305
2 / 2nd day 7 / closed RM 0.39
3 / 3 rd day / 8 / closed RM 0.39
4 / 4 th day / 9/ closed RM 0.415
5 / 5th day / 12 / closed RM 0.385
6 / 6th day / 13 / closed RM 0.395
7 / 7th day / 14 / closed RM 0.40
8 / 8th day / 15 / closed RM 0.47
9 / 9th day / 16 / closed Rm 0.465
10 / 10th day / 19/ closed RM 0.47
11 / 11th day / 21 / closed RM 0.595
12 / 12th day / 22 / closed RM 0.665
13/ 13th day / 23 / closed RM 0.71 ( high RM 0.74 )
14 / 14th day / 26 / closed RM 0.64 ( high RM 0.745)
==============================================================
KGB Warrant , WB --- strong positive momentum ,
follow by huge rallies and
shallow pullbacks.
2. Pls note from the technical analysis of KGB Warrant , WB :
it will behave as the same positive manner to at least
Target Price : RM 0.60 to RM 0.745
short term , possibly by 19 Aug 2021 with potential gains from
RM 0.305 to RM 0.60 = RM 0.295 / 98 %
RM 0.305 to RM 0.745 = RM 0.295 / 145 %
2.1 1st day of listing / 3 August 2021 / Limit up RM 0.305
2.2 2nd / 4 August 2021 / low RM 0.305 / high RM 0.385 / closed RM 0.315
2.3 3rd day / 5 August 2021 / low RM 0.305 / high 0.355 / closed RM 0.35
2.4 4th day / 6 August 2021 / low RM 0.34 / high RM 0.42 / closed RM 0.40
Expecting on or about
19 August 2021 ,
target price RM 0.60 to RM 0.745
================================================================
How to attract bees and other pollinators to your garden / KLSE stocks.
Answer: Choose several colours of flower stocks listed in KLSE.
Bees have good colour vision to help them in finding bright colour flowers and the juicy nectar / = profit and colourful pollen /= gain -> they offer.
================================================================
KGB Warrant WB / 0151 WB
Short term target price :
RM 0.60 to
RM 0.745
|
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)