KENANGA INVESTMENT BANK BERHAD
Updated

Hold - Kenanga

694
Uptrend, Bullish and Strong Bull
Oversold and Upward momentum
Forming small Cup and Handle.

MCDX Banker % spike to 44% and cross above BMA (Become Strong)
Retailer % remain 0%
BoD signal triggered with 16.8X VRatio !

Plan:-
Set Slow Turtle Buy alert to further buy above 0.97 (1.0 RN Resistance)
Move SL to 0.90
TP 1.15, 1.27
Note
snapshot
Almost hit stop loss
Note
snapshot
TP1 hit
Note
Hold
Note
1.45 TP hit. Continue to HOLD
US Financial sector is looking good.

snapshot
Note
1.57 TP HIT.
No sign of divergence. Volume still strong!

snapshot

almost 100% profit
Note
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1.88 Hit.
It's good idea to take some profit before long holiday..

Happy Chinese New Year !!!
Note
1Hourly timeframe
snapshot

expect sideway move after 100% gain within 1 month
Finance sector still strong. Nothing wrong to take some profit.

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