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AmInvest Research Reports

Author: AmInvest   |   Latest post: Tue, 19 Mar 2019, 11:27 AM

 

Stocks on Radar - Nihsin Resources (7215)

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Nihsin Resources was testing the RM0.31 mark during its latest session. With a healthy RSI level, a bullish bias may be present above this point with a target price of RM0.33, followed by RM0.35. Meanwhile, it may continue trending sideways if it fails to move above the RM0.31 mark in the near term. In this case, support is anticipated at RM0.285 whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on further rebound above RM0.31

Target: RM0.33, RM0.35 (time frame: 3-6 weeks)

Exit: RM0.285

Source: AmInvest Research - 14 Mar 2019

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Labels: NIHSIN

Related Stocks

Chart Stock Name Last Change Volume 
NIHSIN 0.285 -0.01 (3.39%) 2,115,200 

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