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AmInvest Research Reports

Author: AmInvest   |   Latest post: Fri, 19 Jul 2019, 9:51 AM

 

Stocks on Radar - Notion VTec

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Notion VTec breached the RM0.665 minor resistance level in its latest session. With a healthy RSI level, a bullish bias may be present above this mark with a target price of RM0.73, followed by RM0.78. Meanwhile, it may continue trending sideways if it dips back below the RM0.665 mark in the near term. In this case, the immediate support is anticipated at RM0.61, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on further rebound above RM0.665

Target: RM0.73, RM0.78 (time frame: 3-6 weeks)

Exit: RM0.61

Source: AmInvest Research - 26 Sept 2018

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Labels: NOTION

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