AmInvest Research Reports

Author: AmInvest   |   Latest post: Mon, 14 Oct 2019, 10:26 AM


Stocks on Radar - Mi Equipment

Author:   |    Publish date:

Mi Equipment was testing the RM2.60 mark in its latest session. With a moderate RSI level, a bullish bias may be present above this point with a target price of RM2.87, followed by RM3.22. Meanwhile, it may turn sideways if it fails to cross the RM2.60 mark in the near term. In this case, support is anticipated at RM2.35 whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on further rebound above RM2.60

Target: RM2.87, RM3.22 (time frame: 3-6 weeks)

Exit: RM2.35

Source: AmInvest Research - 19 Nov 2018

Share this
Labels: MI

Related Stocks

Chart Stock Name Last Change Volume 
MI 2.46 +0.05 (2.07%) 2,341,000 

  Be the first to like this.


338  370  535  1048 

Top 10 Active Counters
 NETX 0.025+0.005 
 GPACKET-WB 0.315+0.02 
 ARMADA 0.41+0.025 
 SAPNRG 0.270.00 
 ISTONE 0.225+0.03 
 HSI-C7F 0.315-0.02 
 ANZO 0.0250.00 
 AME 1.54+0.24 
 HSI-H8B 0.245+0.01 
 OPCOM 0.815+0.04 
Partners & Brokers