Technical analysis report – AAA, ACB, BID, BIC (May 31, 2016)

31/05/2016 10:58

Loại báo cáo: Báo cáo Asean Securities
Nguồn báo cáo: Công ty cổ phần chứng khoán Đông Nam Á
Ticker: AAA – An Phat Plastic & Green Environment JSC

Analysis: Based on the moving of technical indicators, we believe that AAA will test the nearest resistance range 24.0 – 25.0.

Recommendation: Investors may consider buying a part of portfolio at the support range 22.0 – 23.0 and taking profit at the resistance range 24.0 – 25.0. Based on Kelly formula, the recommended proportion of the portfolio is 30% cash/ 70% stocks. The expected rate of return is 10%.

Ticker: ACB – Asia Commercial Bank

Analysis: Based on the moving of technical indicators, we believe that ACB will test the nearest support range 18.4 – 18.9.

Recommendation: Investors may consider buying a part of portfolio at the support range 18.4 – 18.9 and taking profit at the resistance range 19.3 – 19.8. Based on Kelly formula, the recommended proportion of the portfolio is 30% cash/ 70% stocks. The expected rate of return is 5%.

Ticker: BID – Bank For Investment And Development Of Vietnam

Analysis: Based on the moving of technical indicators, we believe that BID will test the nearest support range 17.5 – 18.5.

Recommendation: Investors may consider buying a part of portfolio at the support range 17.5 – 18.5 and taking profit at the resistance range 19.0 – 20.0. Based on Kelly formula, the recommended proportion of the portfolio is 50% cash/ 50% stocks. The expected rate of return is 10%.

Ticker: BIC – BIDV Insurance Corporation

Analysis: Based on the moving of technical indicators, we believe that BIC will test the nearest support range 20.5 – 22.0.

Recommendation: Investors may consider buying a part of portfolio at the support range 20.5 – 22.0 and taking profit at the resistance range 23.0 – 24.5. Based on Kelly formula, the recommended proportion of the portfolio is 50% cash/ 50% stocks. The expected rate of return is 10%.

Please see the attached file for more details.