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AmInvest Research Reports

Author: AmInvest   |   Latest post: Fri, 3 Apr 2020, 9:02 AM

 

Stocks on Radar - VSTECS (5162)

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VSTECS leapt above the RM1.35 resistance level during its recent session. With the momentum indicator RSI above 50%, there is a possibility the momentum may continue towards the target prices of RM1.50 and RM1.62. The immediate support is anticipated at RM1.28, whereby traders may exit on a breach to avoid the risk of a further consolidation.

Trading Call: Buy on breakout RM1.35
Target: RM1.50, RM1.62 (time frame: 3-6 weeks)
Exit: RM1.28

Source: AmInvest Research - 14 Feb 2020

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Labels: VSTECS

Related Stocks

Chart Stock Name Last Change Volume 
VSTECS 0.92 -0.01 (1.08%) 88,000 

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