AmInvest Research Reports

Author: AmInvest   |   Latest post: Wed, 20 Jan 2021, 9:28 AM


Stocks on Radar - Bahvest Resources (0098)

Author:   |    Publish date:

Bahvest has been range-bound during recent sessions with the immediate resistance of RM0.585. Higher trading volume was recorded in the latest session. With the momentum indicator RSI above 50%, there is a possibility it will break above the resistance and move towards the target price of RM0.61 followed by RM0.63. Support is anticipated at RM0.545, whereby traders may exit on a breach to avoid the risk of a further consolidation.

Trading Call: Buy on breakout RM0.585

Target: RM0.61, RM0.63 (time frame: 3-6 weeks)

Exit: RM0.545

Source: AmInvest Research - 24 Feb 2020

Share this

Related Stocks

Chart Stock Name Last Change Volume 
BAHVEST 0.615 +0.035 (6.03%) 19,180,700 

  Be the first to like this.

I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Perform Technical & Fundamental Analysis on Stocks
MQ Affiliate
Earn rewards by referring your friends

559  433  624  487 

Top 10 Active Counters
 HPPHB 0.71+0.14 
 MTOUCHE 0.0650.00 
 WIDAD 0.66-0.005 
 ANZO 0.105+0.025 
 DGB 0.125-0.05 
 VIZIONE 0.275-0.03 
 KSTAR 0.32+0.065 
 KTG 0.25-0.015 
 AT 0.1750.00 
 PNEPCB 0.33-0.01 


1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!