Kencana Agri: 11 June 2014, Wednesday, 2.40pm Singapore Time
Chart courtesy of Chartnexus.com
Attached above is the chart of Kencana Agri, a palm oil commodity stock.
+ Deliberate and determined efforts to drive down this stock by the market.
+ Long Term Down Channel as shown.
+ Major Downtrend is still on-going.
+ No light to the end of the tunnel yet until target hits.
+ More than -50% downside to go for this Kencana Agri Bear Market to end.
+ Target:
To be reduced to a below 10 cent super penny stock status
+ Long Term Down Channel as shown.
+ Major Downtrend is still on-going.
+ No light to the end of the tunnel yet until target hits.
+ More than -50% downside to go for this Kencana Agri Bear Market to end.
+ Target:
To be reduced to a below 10 cent super penny stock status
Donovan Norfolk Technical Rating:
Bearish
(Sell on Rebounds)
Bearish
(Sell on Rebounds)
Donovan Norfolk Ang
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