Highlights

AmInvest Research Reports

Author: AmInvest   |   Latest post: Wed, 29 Jan 2020, 11:50 AM

 

Stocks on Radar - SKP Resources (7155)

Author:   |    Publish date:


SKP Resources broke past the resistance price of RM1.32 in the latest session. With the momentum indicator RSI above 60%, it may continue to climb towards the target price of RM1.40 followed by RM1.45. If it dips below RM1.32, expect a sideway consolidation again. The downside support price is anticipated at RM1.27, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on continuation above RM1.32
Target: RM1.40, RM1.45 (time frame: 3-6 weeks)
Exit: RM1.27

Source: AmInvest Research - 13 Dec 2019

Share this
Labels: SKPRES

Related Stocks

Chart Stock Name Last Change Volume 
SKPRES 1.51 +0.04 (2.72%) 1,670,200 

  Be the first to like this.
 


 

290  282  534  1175 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 AVI 0.16+0.005 
 CAREPLS 0.365-0.03 
 DGB 0.1250.00 
 SUPERMX 1.76-0.10 
 HSI-C7K 0.20+0.005 
 KNM 0.315-0.005 
 HSI-H8K 0.255-0.015 
 EDEN 0.220.00 
 MTOUCHE 0.175+0.01 
 ARMADA 0.405-0.015 

FEATURED POSTS

1. Leveraged & Inverse ETF CMS
Partners & Brokers