Are you guys interested in Kingsoft ?

2021-11-18

Hey all ! Check out $KINGSOFT(03888)$ ! I see that is it currently abiding to the descending trendline, signifying a bearish momentum. We can expect price to drop from the pivot level in line with 50% Fibonacci retracement towards take profit level in line with 78.6% Fibonacci projection and 61.8% Fibonacci retracement. My bearish bias is further supported by the RSI indicator where it is abiding to the descending trendline resistance.[Onlooker]

Potential Take Profit Level @ 31.05

Potential Pivot Level @ 33.70

Potential Stop Loss Level @ 35.15

$Kingsof 5xShortSG230126(DZQW.SI)$

$Kingsof 5xLongSG220908(DMDW.SI)$

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