Kap Industrial Holdings (KAP) - Buying The Dip

6 Mar 2019

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.

Trade Levels

Buy KAP below 740c
Stop-loss: 715c
Take Profit Target: 820c