AmInvest Research Reports

Stock on Radar - TAS Offshore

AmInvest
Publish date: Wed, 07 Feb 2024, 10:26 AM
AmInvest
0 8,826
An official blog in I3investor to publish research reports provided by AmInvest research team.

All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to: https://www.aminvest.com/eng/Pages/home.aspx

Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210
Email: enquiries@aminvest.com

Office Hours
Monday to Thursday: 8:45am – 5:45pm
Friday: 8:45am – 5:00pm
(GMT +08:00 Malaysia)

TAS Offshore broke out from a 1-month bullish pennant pattern 2 sessions ago, implying that its previous uptrend may have resumed. As the stock has surged to a new multi-year high, near term bullish trend may still have legs. A bullish bias may emerge above the RM0.56 level, with stop-loss set at RM0.51, below the 20-day EMA. Towards the upside, near-term resistance level is seen at RM0.65, followed by RM0.70.

Entry : RM0.56–0.585

Target : RM0.65, RM0.70

Exit : RM0.51

Source: AmInvest Research - 7 Feb 2024

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment