Disclaimers :All the stocks mentioned here are the opinion of the writer and it is for reading purposes only.There are risks involved in trading shares.Do consult your licensed adviser before you trade.This blog is not responsible for your gains nor does it share your losses.The risks and final decision is still yours. Those interested to subscribe to my FOREX Trading Group/FKLI(futures)/FCPO(palm oil futures),please email me at silkyhawk@gmail.com
Thursday, May 15, 2014
KTB (4847) ----Bullish Trend to continue...
The stock have a nice run up from 21/3 and culminating on 2/5..at the highest 0.32.
The pullback(correction) is now over...and prices are climbing up now( the impulsive wave 3)
More positive upwards price action is expected as from now.
The SUPPORT is now pegged at...0.215....RES at...0.30
The TP is calculated at 0.495...there will be dips before reaching it.
The resistance will be taken out very soon...
( The above is just my2c opinion.....TRADE AT YOUR OWN RISKS)
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