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AmInvest Research Reports

Author: AmInvest   |   Latest post: Tue, 4 Aug 2020, 5:55 PM

 

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

Related Stocks

Chart Stock Name Last Change Volume 
ANNJOO 0.645 -0.015 (2.27%) 1,470,900 

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