Technical analysis report – PVE, PVX, PVC, PXS (August 25, 2016)

25/08/2016 10:51

Loại báo cáo: Báo cáo Asean Securities
Nguồn báo cáo: Công ty cổ phần chứng khoán Đông Nam Á
Ticker: PVE – PetroVietnam Engineering Consultancy JSC

Analysis: Based on the moving of technical indicators, we believe that PVE will test the nearest resistance range 8.0 – 8.5.

Recommendation: Investors may consider buying a part of portfolio at the support range 7.0 – 7.5 and taking profit at the resistance range 8.0 – 8.5. Based on Kelly formula, the recommended proportion of the portfolio is 50% cash/ 50% stocks. The expected rate of return is 15%.

Ticker: PVX – Petro Vietnam Construction Joint Stock Corporation

Analysis: Based on the moving of technical indicators, we believe that PVX will test the nearest support range 1.8 – 1.9.

Recommendation: Investors may consider buying a part of portfolio at the support range 1.8 – 1.9 and taking profit at the resistance range 2.0 – 2.1. Based on Kelly formula, the recommended proportion of the portfolio is 90% cash/ 10% stocks. The expected rate of return is 10%.

Ticker: PVC – Drilling Mud Joint Stock Corporation

Analysis: Based on the moving of technical indicators, we believe that PVC will test the nearest support range 11.5 – 12.0.

Recommendation: Investors may consider buying a part of portfolio at the support range 11.5 – 12.0 and taking profit at the resistance range 12.5 – 13.0. Based on Kelly formula, the recommended proportion of the portfolio is 90% cash/ 10% stocks. The expected rate of return is 10%.

Ticker: PXS – Petroleum Equipment Assembly & Metal Structure JSC

Analysis: Based on the moving of technical indicators, we believe that PXS will test the nearest support range 13.0 – 13.5.

Recommendation: Investors may consider buying a part of portfolio at the support range 13.0 – 13.5 and taking profit at the resistance range 14.0 – 14.5. Based on Kelly formula, the recommended proportion of the portfolio is 70% cash/ 30% stocks. The expected rate of return is 10%.

Please see the attached file for more details.