Kenon bullKenon passed the zscore test in the utilities sector, This sector seems to be robust against the rise in interest rates, it is priced at the same P/E as the S&P, but is well below the valuation of other sectors. This sector is also armored against shocks from the international scenario as its sales depend mostly from local sources of income.
KEN trade ideas
Kenon Holdings due to a drawback. KENGoals 51, 49, 46. Invalidation at 61.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe