Technical analysis report – CSM, CCL, CNG, CLL (December 30, 2016)

30/12/2016 09:49

Loại báo cáo: Báo cáo Asean Securities
Nguồn báo cáo: Công ty cổ phần chứng khoán ASEAN
Ticker: CSM – The Southern Rubber Industry JSC

Analysis: Based on the moving of technical indicators, we believe that CSM will test the nearest resistance range 20.0 – 20.5.

Recommendation: Investors may consider buying a part of portfolio at the support range 19.0 – 19.5, taking profit at the resistance range 20.0 – 20.5 and cutting loss if price is lower than 19.0. The next resistance range could be 21.0 – 21.5 range. Based on Kelly formula, the recommended proportion of the portfolio is 30% cash/ 70% stocks. The expected rate of return is 5%.

Ticker: CCL – Cuu Long Petro Urban Development & Investment Corporation

Analysis: Based on the moving of technical indicators, we believe that CCL will test the nearest support range 2.5 – 2.6.

Recommendation: Investors may consider buying a part of portfolio at the support range 2.5 – 2.6, taking profit at the resistance range 2.7 – 2.8 and cutting loss if price is lower than 2.5. The next support range could be 2.3 – 2.4 range. Based on Kelly formula, the recommended proportion of the portfolio is 90% cash/ 10% stocks. The expected rate of return is 5%.

Ticker: CNG – CNG Viet Nam Joint Stock Company

Analysis: Based on the moving of technical indicators, we believe that CNG will test the nearest support range 39.0 – 40.0.

Recommendation: Investors may consider buying a part of portfolio at the support range 39.0 – 40.0, taking profit at the resistance range 41.0 – 42.0 and cutting loss if price is lower than 39.0. The next support range could be 37.0 – 38.0 range. Based on Kelly formula, the recommended proportion of the portfolio is 90% cash/ 10% stocks. The expected rate of return is 5%.

Ticker: CLL – Cat Lai Port Joint Stock Company

Analysis: Based on the moving of technical indicators, we believe that CLL will test the nearest support range 26.0 – 26.5.

Recommendation: Investors may consider buying a part of portfolio at the support range 26.0 – 26.5, taking profit at the resistance range 27.0 – 27.5 and cutting loss if price is lower than 26.0. The next support range could be 25.0 – 25.5 range. Based on Kelly formula, the recommended proportion of the portfolio is 90% cash/ 10% stocks. The expected rate of return is 5%.

Please see the attached file for more details.