In today’s briefing:
- Time to Buy HDFC Bank (HDFCB IN)
- KRX Short Interest Weekly (Jan 10th): Skc, Samsung Electronics
Time to Buy HDFC Bank (HDFCB IN)
- HDFC Bank (HDFCB IN) has corrected > 13% from its recent peak in mid-December. Our quantitative models indicate a deeply oversold state.
- The stock has been down for 2 weeks and has reached >75% probability of WEEKLY trend reversal, according to our models.
- If you are already holding this stock, this could be a good opportunity to buy/accumulate, if you want to hold it long-term. A bounce should come pretty soon.
KRX Short Interest Weekly (Jan 10th): Skc, Samsung Electronics
- We analyzed the changes in short interest of KRX stocks as of Jan 10th which has an aggregated short interest worth USD3.6bn.
- We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases & decreases in short value, short as multiple of ADT.
- We highlight short interest changes in Skc (011790 KS), Samsung Electronics (005930 KS) .