Highlights

AmInvest Research Reports

Author: AmInvest   |   Latest post: Fri, 21 Feb 2020, 9:47 AM

 

Stocks on Radar - Pharmaniaga (7081)

Author:   |    Publish date:


Pharmaniaga surged past the resistance level of RM2.40 in its latest session with higher trading volume. With the momentum indicator RSI above 60%, the short-term momentum could reach a target price of RM2.66, followed by RM2.80. If it dips below RM2.40, it will continue to drift sideways and consolidates. Support level is anticipated at RM2.25 whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on trend continuation above RM2.40

Target: RM2.66, RM2.80 (time frame: 2-4 weeks)

Exit: RM2.25

Source: AmInvest Research - 29 Apr 2019

Share this
Labels: PHARMA

Related Stocks

Chart Stock Name Last Change Volume 
PHARMA 1.90 -0.14 (6.86%) 4,084,600 

  Be the first to like this.
 


 

420  316  517  739 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 EDUSPEC 0.03+0.005 
 XOX 0.050.00 
 PWORTH 0.02-0.005 
 XDL 0.17+0.01 
 PWRWELL 0.3750.00 
 PERDANA 0.47-0.01 
 ISTONE 0.24+0.015 
 MTOUCHE 0.175-0.015 
 INNATURE 0.59-0.065 
 HSI-H8T 0.48+0.045 

TOP ARTICLES

1. WORST IS OVER FOR THIS COMPANY !!! RENEWED BUYING INTEREST EMERGES !! Bursa Master
2. TUN DR M STAYING ON AFTER APAC END NOV 2020 & BEYOND VERY GOOD FOR NFCP BULL RUN, Calvin Tan Research THE INVESTMENT APPROACH OF CALVIN TAN
3. Dayang: My advice for the board of directors - Koon Yew Yin Koon Yew Yin's Blog
4. Dayang: Intelligent investors versus ignorant investors - Koon Yew Yin Koon Yew Yin's Blog
5. TOP 10 VALUABLE INVESTMENT SECRETS MY JOHOR SIFU TAUGHT ME(REPOSTING) (Calvin Tan Research) THE INVESTMENT APPROACH OF CALVIN TAN
6. Government Stimulus on 27 Feb : Complete List of Stocks to Watch ! The Pelham Blue Fund
7. MYEG and Other Related Stocks to Watch on 24th Feb 2020 Weekly GreenTrades watchlist
8. Anwar to meet Agong tomorrow, but aide says scheduled ‘long time ago’ save malaysia!!!
Partners & Brokers