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AmInvest Research Reports

Author: AmInvest   |   Latest post: Wed, 22 Jan 2020, 12:34 PM

 

Stocks on Radar - AWC (7579)

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AWC may soon test the RM0.63 resistance level. With a rising RSI, a bullish bias may be present above this mark with shortterm target prices of RM0.67 and RM0.71. Meanwhile, it may continue trending sideways if it fails to cross RM0.63 in the near term. Support is then seen at RM0.59, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy upon breakout above RM0.63
Target: RM0.67, RM0.71 (time frame: 3-6 weeks)
Exit: RM0.59

Source: AmInvest Research - 31 Oct 2019

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Labels: AWC

Related Stocks

Chart Stock Name Last Change Volume 
AWC 0.595 -0.005 (0.83%) 1,272,900 

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