Highlights

AmInvest Research Reports

Author: AmInvest   |   Latest post: Thu, 2 Apr 2020, 8:57 AM

 

Stocks on Radar - Formosa Prosonic Industries (9172)

Author:   |    Publish date:


Formosa Prosonic Industries surged past the resistance price of RM1.68 in its latest session. With a rising RSI, the bullish momentum may continue to reach the target prices of RM1.78 and RM1.82. If it dips below RM1.68, expect a sideway consolidation again. In this case, the immediate support is anticipated at RM1.62, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on continuation near RM1.68
Target: RM1.78, RM1.82 (time frame: 3-6 weeks)
Exit: RM1.62

Source: AmInvest Research - 20 Feb 2020

Share this
Labels: FPI

Related Stocks

Chart Stock Name Last Change Volume 
FPI 1.30 -0.02 (1.52%) 679,300 

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Stock Screener using Technical and Fundamental criteria
MQ Affiliate
Join the MQ Affiliate Program today to earn rewards
 
 

656  153  372 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 SAPNRG 0.09+0.015 
 HIBISCS 0.43+0.095 
 ARMADA 0.165+0.03 
 VELESTO 0.165+0.045 
 ALAM 0.075+0.03 
 KNM 0.14+0.025 
 PERDANA 0.175+0.04 
 ICON 0.06+0.015 
 HSI-H8M 0.60-0.095 
 MINETEC 0.155+0.015 

FEATURED POSTS

1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
2. MQ Affiliate – A smarter way to earn more rewards MQ Trader Affiliate Program
3. MQ Affiliate – How to become an effective affiliate MQ Trader Affiliate Program
4. MQ Affiliate – Upgrading to Affiliate Partner MQ Trader Affiliate Program
Partners & Brokers