CORRESPONDENCE COURSES
𝐒𝐆 𝐎𝐢𝐥 & 𝐆𝐚𝐬 𝐒𝐞𝐜𝐭𝐨𝐫 – 𝐊𝐄𝐏𝐏𝐄𝐋 𝐂𝐎𝐑𝐏 𝐚𝐧𝐝 𝐒𝐄𝐌𝐁𝐂𝐎𝐑𝐏 𝐌𝐀𝐑𝐈𝐍𝐄 (𝐈𝐬 𝐓𝐡𝐞 𝐖𝐨𝐫𝐬𝐭 𝐑𝐞𝐚𝐥𝐥𝐲 𝐎𝐯𝐞𝐫?)
Author: Trading Impossible | Joey Choy
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Over the past month, we have seen weakness in this sector with these 2 heavyweight companies pushing to multi-years low.. 😰
For 𝐊𝐞𝐩𝐩𝐞𝐥 𝐂𝐨𝐫𝐩, there were some downside targets that were drawn when we broke the 5.70 critical support level last month.. ️🎯️🎯
and the selling began 𝐄𝐕𝐄𝐍 𝐁𝐄𝐅𝐎𝐑𝐄 a Negative news was officially announced about 2 weeks back.
For 𝐒𝐞𝐦𝐛𝐜𝐨𝐫𝐩 𝐌𝐚𝐫𝐢𝐧𝐞, they are doing a rights issue to raise funds and prices have adjusted 𝐞𝐯𝐞𝐧 𝐥𝐨𝐰𝐞𝐫 after the ex right date on 13 Aug 2020..
Hey Guys, Joey here, Top Tier Remisier in Phillip Securities.
I have had many clients asking me if this sector will recover soon and, 🙏
𝐈𝐒 𝐈𝐓 𝐓𝐈𝐌𝐄 𝐓𝐎 𝐄𝐍𝐓𝐄𝐑 these counters NOW, given that they have already fallen so much?🤦🤦
Well, watch this video recorded 23 Aug 2020 to see 𝐖𝐇𝐀𝐓 𝐢𝐬 𝐭𝐡𝐞 𝐁𝐞𝐚𝐫𝐢𝐬𝐡 𝐧𝐞𝐰𝐬 𝐟𝐨𝐫 𝐊𝐞𝐩𝐩𝐞𝐥 𝐂𝐨𝐫𝐩 that has seen it tanked by close to 20% over the past few weeks and
more Importantly, WHERE we are now for both of them.
Can there be more selling going forward?
You want to take note of this 𝐊𝐄𝐘 𝐒𝐔𝐏𝐏𝐎𝐑𝐓 level where the WORST might really 𝐍𝐎𝐓 be over if we see more BEARISH actions there..