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Author: AmInvest   |   Latest post: Fri, 24 Jan 2020, 3:40 PM

 

Stocks on Radar - Tune Protect (5230)

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Tune Protect has been sold down during recent sessions with high trading volume. With the momentum indicator RSI drifting lower, there could be a technical rebound above the resistance price of RM0.56, and move towards the target prices of RM0.58 and RM0.60. The immediate support is anticipated at RM0.535, whereby traders may exit on a breach to avoid the risk of a further consolidation.

Trading Call: Buy upon breakout above RM0.56
Target: RM0.58, RM0.60 (time frame: 3-6 weeks)
Exit: RM0.535

Source: AmInvest Research - 29 Nov 2019

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Labels: TUNEPRO

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Chart Stock Name Last Change Volume 
TUNEPRO 0.55 0.00 (0.00%) 666,700 

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