KTC trade ideas
KTC (0180) Last month overall market does not doing well, but KTC seems like never get affected from any negative events.
Someone have done several washout and accumulations since last two years. A heavy push down more than 50% from the peak. Retailer felt the hurt but not operator. Bottom price is finally appear. The real bottom shouldn't below RM 0.120.
(We just skip the explanation part)
Recently the price show some intention to test the bear side of this counter.
Testing or Pushing?
Target - RM 0.180, RM 0.235, RM 0.300 and above
Cut loss - RM 0.120
Disclaimer: This is not a recommendation to buy or sell. Analysis or results above are solely based on personal opinions and for personal references. Please trade at your own risk.
