Kimly - Upgraded to Buy by RHB Group

'SINGAPORE (June 16): RHB Group Research is upgrading its recommendation on coffeeshop owner and operator Kimly to “buy” from “neutral” with a higher target price of 26 cents from 24 cents previously. The new target price represents a 13% upside for the stock.

In a Friday report, lead analyst Jarick Seet says, “We think that most of the bad news for Kimly has already been priced in, and valuation at this level seems attractive, being a cash generative and defensive business.”'

Kimly been on a downtrend since March 2017, wow, almost 5 years of your money stuck if you have bought at the high of 0.52.

The mini uptrend look promising and also think its really down until almost cannot down already.  The force of gravity had take place.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.