LOTCHEM Lotte Chemical short-term analysis 17th Nov. 2020

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Rebound Insight

Our Pivot: 10.70

Our Preference: Start buying LOTCHEM above 11.30 and average it out till 11.00 with strict stop loss of 10.70 and profit target at 12.81 with extension towards 13.20.

Alternate Scenario: Downward penetration of 10.70 will call for 10.30 and 9.90.

NOTE: LOTCHEM is being supported by a rising trend line along with a strong horizontal supportive region.

Daily chart with supports & resistances:

LOTCHEM 2
Overview
Quick Snapshot
Free Float

378,551,802

O/S Shares

1,514,207,200

Market Cap. (m)

0.00

Var Value

12.00

Hair Cut

15.00

Last Price

12.09

Price Adjusted
52 Weeks Range

52w Low

52w High
Intraday
Pivots
Level 1st 2nd 3rd
Supports11.4910.9010.29
Resistances12.6913.3013.89
Adjusted
Price Performance
Time Frame
Price Ch
%Ch
MTD Price Return
2.50
16.50
QTD Price Return
2.50
16.50
3M Price Return
2.55
16.89
6M Price Return
2.43
15.97
9M Price Return
1.82
11.50
YTD Price Return
3.90
28.36
1Y Price Return
1.33
8.15
3Y Price Return
3.65
26.07
5Y Price Return
7.40
72.20

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