Technical analysis report – IJC, ITA, ITD, KBC (August 11, 2016)

11/08/2016 11:34

Loại báo cáo: Báo cáo Asean Securities
Nguồn báo cáo: Công ty cổ phần chứng khoán Đông Nam Á
Ticker: IJC – Becamex Infrastructure Development JSC

Analysis: Based on the moving of technical indicators, we believe that IJC will test the nearest support range 8.4 – 8.6.

Recommendation: Investors may consider buying a part of portfolio at the support range 8.4 – 8.6 and taking profit at the resistance range 8.8 – 9.0. Based on Kelly formula, the recommended proportion of the portfolio is 90% cash/ 10% stocks. The expected rate of return is 5%.

Ticker: ITA – Tan Tao Investment Industrial JSC

Analysis: Based on the moving of technical indicators, we believe that ITA will test the nearest resistance range 5.0 – 5.2.

Recommendation: Investors may consider buying a part of portfolio at the support range 4.6 – 4.8 and taking profit at the resistance range 5.0 – 5.2. Based on Kelly formula, the recommended proportion of the portfolio is 50% cash/ 50% stocks. The expected rate of return is 10%.

Ticker: ITD – Innovative Technology Development Corporation

Analysis: Based on the moving of technical indicators, we believe that ITD will test the nearest resistance range 30.0 – 32.0.

Recommendation: Investors may consider buying a part of portfolio at the support range 26.0 – 28.0 and taking profit at the resistance range 30.0 – 32.0. Based on Kelly formula, the recommended proportion of the portfolio is 50% cash/ 50% stocks. The expected rate of return is 15%.

Ticker: KBC – Kinh Bac City Development Share Holding Corporation

Analysis: Based on the moving of technical indicators, we believe that KBC will test the nearest resistance range 18.0 – 19.0.

Recommendation: Investors may consider buying a part of portfolio at the support range 16.0 – 17.0 and taking profit at the resistance range 18.0 – 19.0. Based on Kelly formula, the recommended proportion of the portfolio is 30% cash/ 70% stocks. The expected rate of return is 15%.

Please see the attached file for more details.