AmInvest Research Reports

Author: AmInvest   |   Latest post: Fri, 28 Feb 2020, 11:52 AM


Stocks on Radar - Supercomnet Technologies (0001)

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Supercomnet Technologies jumped with high trading volume, touching an immediate resistance level of RM0.80. With a rising RSI, a bullish bias may be present above this mark with the target prices of RM0.84 and RM0.88. In this case, the immediate support is anticipated at RM0.755, whereby traders may exit on a breach to avoid the risk of a further correction. Trading Call: Buy upon breakout above RM0.80

Target: RM0.84, RM0.88 (time frame: 3-6 weeks) Exit: RM0.755

Source: AmInvest Research - 29 Jan 2020

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