Technical analysis report – FMC, FPT, GAS, GMD (August 04, 2016)

04/08/2016 09:40

Loại báo cáo: Báo cáo Asean Securities
Nguồn báo cáo: Công ty cổ phần chứng khoán Đông Nam Á
Ticker: FMC – Sao Ta Foods Joint Stock Company

Analysis: Based on the moving of technical indicators, we believe that FMC will test the nearest support range 19.0 – 20.0.

Recommendation: Investors may consider buying a part of portfolio at the support range 19.0 – 20.0 and taking profit at the resistance range 21.0 – 22.0. Based on Kelly formula, the recommended proportion of the portfolio is 90% cash/ 10% stocks. The expected rate of return is 10%.

Ticker: FPT – FPT Corporation

Analysis: Based on the moving of technical indicators, we believe that FPT will test the nearest support range 38.0 – 40.0.

Recommendation: Investors may consider buying a part of portfolio at the support range 38.0 – 40.0 and taking profit at the resistance range 42.0 – 44.0. Based on Kelly formula, the recommended proportion of the portfolio is 90% cash/ 10% stocks. The expected rate of return is 10%.

Ticker: GAS – PetroVietnam Gas Joint Stock Corporation

Analysis: Based on the moving of technical indicators, we believe that GAS will test the nearest support range 56.0 – 58.0.

Recommendation: Investors may consider buying a part of portfolio at the support range 56.0 – 58.0 and taking profit at the resistance range 60.0 – 62.0. Based on Kelly formula, the recommended proportion of the portfolio is 90% cash/ 10% stocks. The expected rate of return is 10%.

Ticker: GMD – Gemadept Corporation

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

Recommendation: Investors may consider buying a part of portfolio at the support range 24.0 – 25.0 and taking profit at the resistance range 26.0 – 27.0. 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.