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AmInvest Research Reports

Author: AmInvest   |   Latest post: Fri, 4 Dec 2020, 10:14 AM

 

Stock on Radar - Poh Kong Holdings (5080)

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Poh Kong Holdings surged past the resistance price of RM0.60 in its latest session with higher trading volume. With the momentum indicator RSI above 60%, it may further propel towards the target prices of RM0.665 and RM0.70. The immediate support is anticipated at RM0.555, whereby traders may exit on a breach to avoid the risk of a further consolidation.

Trading Call: Buy on continuation above RM0.60
Target: RM0.665, RM0.70 (time frame: 3-6 weeks)
Exit: RM0.555

Source: AmInvest Research - 31 Jan 2020

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Labels: POHKONG

Related Stocks

Chart Stock Name Last Change Volume 
POHKONG 0.815 -0.01 (1.21%) 1,151,600 

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