Technical analysis report – DPM, DQC, DRC, DXG (August 02, 2016)

02/08/2016 10:35

Loại báo cáo: Báo cáo Asean Securities
Nguồn báo cáo: Công ty cổ phần chứng khoán Đông Nam Á
Ticker: DPM – Petrovietnam Fertilizer & Chemicals Corporation

Analysis: Based on the moving of technical indicators, we believe that DPM will test the nearest support range 29.0 – 29.5.

Recommendation: Investors may consider buying a part of portfolio at the support range 29.0 – 29.5 and taking profit at the resistance range 30.0 – 30.5. Based on Kelly formula, the recommended proportion of the portfolio is 90% cash/ 10% stocks. The expected rate of return is 10%.

Ticker: DQC – Dien Quang Joint Stock Company

Analysis: Based on the moving of technical indicators, we believe that DQC will test the nearest resistance range 80 – 85.

Recommendation: Investors may consider buying a part of portfolio at the support range 70 – 75 and taking profit at the resistance range 80 – 85. Based on Kelly formula, the recommended proportion of the portfolio is 30% cash/ 70% stocks. The expected rate of return is 15%.

Ticker: DRC – Danang Rubber Joint Stock Company

Analysis: Based on the moving of technical indicators, we believe that DRC will test the nearest support range 37.0 – 38.0.

Recommendation: Investors may consider buying a part of portfolio at the support range 37.0 – 38.0 and taking profit at the resistance range 39.0 – 40.0. Based on Kelly formula, the recommended proportion of the portfolio is 90% cash/ 10% stocks. The expected rate of return is 5%.

Ticker: DXG – Dat Xanh Real Estate Service & Construction Corporation

Analysis: Based on the moving of technical indicators, we believe that DXG will test the nearest support range 14.0 – 14.5.

Recommendation: Investors may consider buying a part of portfolio at the support range 14.0 – 14.5 and taking profit at the resistance range 15.0 – 15.5. Based on Kelly formula, the recommended proportion of the portfolio is 90% cash/ 10% stocks. The expected rate of return is 10%.

Please see the attached file for more details.