Why is kap industrial holdings (Kap) going down?
There is high volume selling as large interests are getting rid of the stock on the way down. Kap Industrial Holdings (KAP): The price has declined from 900c since the beginning of February and has formed a falling wedge/channel which has seen the price trade near horizontal support.
Will the Kap share price fall to sub-750?
Kap Industrial Holdings (KAP): The price has declined from 900c since the beginning of February and has formed a falling wedge/channel which has seen the price trade near horizontal support. Should we see sub-750 being tested, traders could use the opportunity to accumulate the share, for a potential 'buy-the-dip' and reversal.
What is the next target for Kap?
Next target is 500. KAP consolidating what looks like a possible bull flag. If triggered we can see a move to R4.60 and stop loss close below R4. Ideas are my own and not financial advice. $JSEKAP KAP Industrial Holdings. First target and consolidation
Ideas
Profile
KAP pulling back to support. I will keep an eye on KAP and see if it can pull back to around the R4 level. If a reversal takes place it can offer a decent long entry. Trade ideas are my own and not financial advice.
Uranium meme-stock traders get help from a whale, triggering a mammoth rally
KAP Industrial Holdings Ltd. engages in the provision of wood-based decorative panel, automotive components, sleep, polymers, logistics, and passenger transport sectors. It operates through the following business segments: Diversified Industrial, Diversified Chemical, and Diversified Logistics.
Why Uranium Stocks Are on Fire Today
Global stocks connected to the mining and trading of the radioactive material popped on Monday and were gaining again in premarket today.
Signals & Forecast
Uranium stocks were unstoppable until last month when the world's first and largest physical uranium exchange-traded fund, Sprott Physical Uranium Trust (OTC: SRUU.F), seemingly slowed its pace of uranium purchased from the spot market after an unstoppable spree since its inception on Canada's Toronto Stock Exchange in July.
Support, Risk & Stop-loss
There are few to no technical positive signals at the moment. The KCAP Financial Inc stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average.
Is KCAP Financial Inc stock A Buy?
KCAP Financial Inc finds support from accumulated volume at $25.23 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Golden Star Signal
KCAP Financial Inc holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Top Fintech Company
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
What is the Kazatomprom JSC?
featured in The Global Fintech Index 2020 as the top Fintech company of the country.
Does Morningstar cover ratings?
National Atomic Co Kazatomprom JSC is a national operator in the Republic of Kazakhstan for the import and export of uranium, rare metals, and nuclear fuel for nuclear power plants. The company has approx. 13 uranium mining enterprises, including 3 enterprises that provide uranium mining and processing services, with 21 operating mines in the Turkestan, Kyzylorda and Akmola regions. It has expanded its activities in the front-end NFC, including enrichment, production of UO2 powders/fuel pellets, and in the near future plans to begin production of fuel assemblies.
