KSH is suffering a long selling now. Earlier this month, I sent out a SOMM Whatsapp alert to long KSH and then on the same day, the stock moved up so much that it hit a high of 0.945 and that's where I decided that it has reached a selling zone and it's good to lock in profits. Since down, KSH had been on a selling mode and everyday, it just kept tanking down south.
http://stockmarketmindgames.blogspot.sg/2017/11/ksh-somm-whatsapp-alert.html
Today KSH hit a low of 0.85 where still, there were no forms of strong buying which I don't think the turning point is here yet. However it is also wise not to short this counter as it's near a demand zone. Will this counter starts to turn up again? Will the construction sector be in play again? The answer is yes but the timing to hop back in is equally important.
Ronald K - Market Psychologist - A Stock Market Opportunist
