A 6% return in a 5 days time and the scrip still headed up. [stockquote]KFA[/stockquote] was trading cheap about a week ago. With hopes of FDI in the airline industry, it seems to have gotten the push. The technicals as of yesterday suggest a hold, but fundamentals haven’t improved that much over the week.
Prices pierced through the last 20 days triangle with the support of higher volumes suggesting a bullish breakout.
So, set your stop-losses at 9.50 and wait for the trend to play itself out.