AmInvest Research Reports

Author: AmInvest   |   Latest post: Tue, 26 Mar 2019, 10:41 AM


Trading Stocks - Sapura Energy (5218)

Author:   |    Publish date:

Sapura Energy was testing the RM0.33 level in its latest session. With a healthy RSI level, a bullish bias may be present above this mark with a target price of RM0.365, followed by RM0.38. Meanwhile, it may continue moving sideways if it fails to cross the RM0.33 mark in the near term. In this case, the immediate support is anticipated at RM0.305, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on further rebound above RM0.33

Target: RM0.365, RM0.38 (time frame: 3-6 weeks)

Exit: RM0.305

Source: AmInvest Research - 13 Mar 2019

Share this
Labels: SAPNRG

Related Stocks

Chart Stock Name Last Change Volume 
SAPNRG 0.335 -0.01 (2.90%) 175,175,500 

  2 people like this.
Wang Chan Great
13/03/2019 11:26 AM


327  306  557  720 

Top 10 Active Counters
 ARMADA 0.185-0.01 
 SAPNRG 0.335-0.01 
 MYEG 1.40+0.07 
 MTRONIC-OR 0.0050.00 
 SAPNRG-WA 0.13-0.015 
 HSI-C5A 0.27-0.01 
 NAIM 1.17+0.14 
 SEACERA 0.340.00 
 IRIS 0.15+0.005 
 PERDANA 0.405-0.005 
Partners & Brokers