KEX : Kerry downtrend channel I believe this is very cheap and very oversold as if the business is no more operating
may be better buy when it break out the downtrend
−2.15 THB
−5.91 B THB
9.45 B THB
About KEX EXPRESS (THAILAND) PCL
Sector
Industry
CEO
Jiawei Zhang
Website
Headquarters
Bangkok
Founded
2006
ISIN
THA078010R17
FIGI
BBG00YFS8K04
KEX Express (Thailand) Public Co., Ltd. engages in the provision of logistic services. It operates through the following segments: Consumer-to-Consumer, Business-to-Consumer, and Business-to-Business. The Consumer-to-Consumer segment refers to delivery and payment-on-delivery solutions. The Business-to-Consumer segment focuses on the e-commerce and social platforms and home-shopping channels operating in Thailand. The Business-to-Business segment serves corporate customers by delivering parcels to offices, branches, and other business locations. The company was founded by Robert Turner and Ma Wing Kai William in 2006 and is headquartered in Bangkok, Thailand.
Related stocks
SET:KEX - Potential Long. B/O of heavy consolidation zonePrevious bottom bounce failed so here's another attempt for potential long opportunity. Target - 37-40 THB (previous support/VWAP from IPO)
Key Observations:
- Break out of previous high created in March 2022
- Break out of volume shelf at the bottom (668M shares traded vs 442M shares float)
KEX : The waterfall : SET INDEXKerry Express.. I'm feeling sorry for those who jumped in its IPO
Everything is on the chart (I personally don't think it will reach the ground)
Just do good MM /DCA and then be patient it takes time to grow !
(they have interesting business plan/structure though even there're many competitors
but
KEK and WTZ4 with Dbl. BottomWho like trading stocks from the bottom may like this basic pattern (Double bottom and Price Pattern Signal). I apply WTZ4 for making trade setup and trading plan as illustrated on the chart. Calculate your risks before trading. Good luck.
SET:KEX. Catching a bottom bounce. Not recommended ;)Catching Bottom Bounce on SET:KEX. Price is extended to the downside, should mean-revert to EMA/VWAP from IPO. Tight SL in case stock moves further down
KEX : CHEAPER THAN ITS IPO NO TRADING ADVICE
This one is real pain (for me)
will take long time to recover n gain trust + a lot of competitors
KEX:LONG Possible VI Hold?Kerry Express has increased its deliveries by over 15 million packages (nearly 11%) over the same half year period as last year's, as well as reducing the costs (although the price per package fell too, resulting in reduction of gross profit - perhaps from falling consumer purchasing power in Q2). F
KEX (TH) - Elliot Wave AnalysisNon-standard Correction - ABCXABC in the downtrend
- There is a high probability that price will go down further to complete another ABC following the Intermediate Wave (X).
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Neutral
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Neutral
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Summary
Neutral
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.