TKG remains in the third-best sector based on rotational analysis. “What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.” William O’Neil.
Improving technical scoring according to our proprietary scoring methodology, supporting a bullish bias.
A conflux of technical indicators supporting a bullish bias:
Crossing above its 8-day simple moving average
Bullish MACD crossover.
Sideways OBV supports the fact that money remains in the share.
Remains above its 200-day simple moving average.
Three Inside Up Japanese candlestick.
Time to exit: +- 2 September 2019
Improving technical scoring according to our proprietary scoring methodology, supporting a bullish bias.
A conflux of technical indicators supporting a bullish bias:
Crossing above its 8-day simple moving average
Bullish MACD crossover.
Sideways OBV supports the fact that money remains in the share.
Remains above its 200-day simple moving average.
Three Inside Up Japanese candlestick.
Time to exit: +- 2 September 2019
Trade closed: stop reached