AmInvest Research Reports

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


Stocks on Radar - Ann Joo Resources (6556)

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Ann Joo Resources was testing the RM1.60 resistance level in its latest session. With a moderate RSI level, it may trend higher above this point with a target price of RM1.70, followed by RM1.79. Meanwhile, support is anticipated at RM1.51, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on favourable consolidation above RM1.60

Target: RM1.70, RM1.79 (time frame: 3-6 weeks)

Exit: RM1.51

Source: AmInvest Research - 3 Apr 2019

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Labels: ANNJOO

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Chart Stock Name Last Change Volume 
ANNJOO 1.56 +0.03 (1.96%) 378,300 

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