Chart Check: Down nearly 20% from highs! This heavy electrical equipment maker has given Double Bottom breakout; time to buy?

Chart Check: Down nearly 20% from highs! This heavy electrical equipment maker has given Double Bottom breakout; time to buy?

KEC International Ltd, part of the capital goods space, has fallen by about 20 per cent from its recent October 2021 highs, but a double bottom breakout in July on the daily charts suggests that bulls are trying to take control. Short-term investors can look at buying the stock now or on dips for a … Read more