
KFC now is forming a BB squeeze because moving Sideways from MACD ( floating at 0) and ADX ( below 25) signal . Now awaiting for BB breakout with high volume when RSI rebound from 30. So have to watchout this counter. Now i have buy at least 2000lot (lot = 100units) at 0.165 for accumulation and will wait for at least 3 months at least. If lucky this KFC will shoot back up to RM 4.1 with strong FA foundation - Profit increase linearly even in Recession Period ( Y2008 and Y2009) as shown below
Expected profit once KFC goes back
KFC KFC- CA Profit
RM 4.1 RM 0.25 47 %
RM 4.19 RM 0.28 64%
RM 4. 33 RM 0.31 82 %
RM 4.6 RM 0.36 110%
But have to cut loss if KFC break below the Higher Low of 3.75 !!!
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