Highlights

AmInvest Research Reports

Author: AmInvest   |   Latest post: Fri, 23 Oct 2020, 4:39 PM

 

Stocks on Radar - Sapura Energy (5218)

Author:   |    Publish date:



Sapura Energy has rebounded from its low to test the immediate resistance level of RM0.295. With a rising RSI, a bullish bias may be present above this mark with target prices of RM0.32 and RM0.335. Meanwhile, it may continue moving sideways if it fails to cross the RM0.295 mark in the near term. In this case, the immediate support is anticipated at RM0.26, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM0.295
Target: RM0.32, RM0.335 (time frame: 3-6 weeks)
Exit: RM0.26

Source: AmInvest Research - 11 Nov 2019

Share this
Labels: SAPNRG

Related Stocks

Chart Stock Name Last Change Volume 
SAPNRG 0.10 -0.005 (4.76%) 66,027,600 

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Earn MQ Points while trading with MQ Traders Group
MQ Affiliate
Earn side income from MQ Affiliate Program
 
 

214  861  482  609 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 KGROUP-OR 0.005-0.005 
 MLAB 0.02-0.005 
 AT 0.080.00 
 LAMBO 0.030.00 
 IRIS 0.265-0.04 
 LUSTER 0.175-0.015 
 DGSB 0.20+0.015 
 DAYA 0.015+0.005 
 MAHSING 1.04-0.10 
 DSONIC-WA 0.23-0.03 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS