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AmInvest Research Reports

Author: AmInvest   |   Latest post: Wed, 8 Jul 2020, 6:08 PM

 

Stocks on Radar - Willowglen MSC (0008)

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Willowglen MSC surged past the resistance price of RM0.525 in its latest session with higher trading volume. With the momentum indicator RSI above 70%, the short-term momentum could reach a target price of RM0.57, followed by RM0.59. If it dips below RM0.525, it will move sideways and consolidate. Support is anticipated at RM0.49 whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on continuation above RM0.525

Target: RM0.57, RM0.59 (time frame: 3-6 weeks)

Exit: RM0.49

Source: AmInvest Research - 17 Dec 2019

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Labels: WILLOW

Related Stocks

Chart Stock Name Last Change Volume 
WILLOW 0.48 -0.005 (1.03%) 173,600 

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