CCSI - CHEAT AREAI got some position today.
Break out in huge volume, but closes bad. I've set a staggered stops.
CCSI trade ideas
CCSI (CUP WITH HANDLE)The stock offers another opportunity to enter a position, volume and RS are looking spectacular.
Risk is managed at a very tight level.
CCSI (POWER PLAY)Setting up a power play, RS and volume are good. Watching at price action for few more days.
Market Sentiment for Corp ActionPT Communication Cable Systems Indonesia Tbk (CCSI) will take corporate action this year. CCSI plans to increase its issued and paid-up capital by providing Pre-emptive Rights (HMETD) aka rights issue.
In this rights issue, CCSI will issue a maximum of 170 million shares or 17% of the company's paid-up capital at the general meeting of shareholders (RUPS).
In his statement, CCSI management said that the shares issued by the cable producer issuer registered shares with a nominal value of Rp 100.
from Kontan
