Long on KENTZ again:
*Stochs turning up from a very oversold position
*Volume is easing which would suggest the selling is getting less
*MACDs/RSI/ATR suggest there is still further selling to come
*Record breaking results reported 20/01/2012 with year end results for 2011 to be reported 26/03/2012
*200 EMA is 440 which has always provided strong support having bounced off it 3 times over last 9 months
*Oil Equipment Services and Distribution sector which has risen nearly 35%, Kentz appears to be a laggard with a largely flat performance over the same period for no fundamental reason
*Difficulty in obtaining stock via IG Markets--only able to fill 1000 at a time, (NMS is 600) which may suggest order's being filled (not one for that conspiracy BB nonsense but not the easiest to buy!)
Good week all
KullyB