Kiatnakin Bank (KK) Another one to buy on weakness
February 9, 2011 Leave a comment
KK has major support from 33 to 33.30 or so. Now at 34.50, if there is an overshoot to 32 this week or next, consider a speculative rebound trade for 2.50-3.00 Baht to start with. If however 32 fails to hold, the stock is unlikely to go below 30 in our view, and can be accumulated on weakness for the swing trade account as near 30 as the market gives.