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AmInvest Research Reports

Author: AmInvest   |   Latest post: Fri, 17 Jan 2020, 9:18 AM

 

Stocks on Radar - AWC (7579)

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AWC was testing the RM0.79 resistance level in its latest session. As the RSI trends higher, the upside target price will be RM0.83, followed by RM0.865. Meanwhile, it may lose its upside momentum if it dips back below the RM0.79 mark in the near term. In this case, support is anticipated at RM0.755, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on favourable consolidation above RM0.79

Target: RM0.83, RM0.865 (time frame: 3-6 weeks)

Exit: RM0.755

Source: AmInvest Research - 5 Apr 2019

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Labels: AWC

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Chart Stock Name Last Change Volume 
AWC 0.61 +0.02 (3.39%) 4,018,500 

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