AmInvest Research Reports

Author: AmInvest   |   Latest post: Wed, 25 Nov 2020, 10:21 AM


Stocks on Radar - Master-Pack Group (7029)

Author:   |    Publish date:

Master-Pack Group is consolidating near RM1.70 level with high trading volume. With RSI below threshold 30%, which indicates an oversold, we foresee that there could be a technical rebound towards the short-term target prices of RM1.90 and RM2.00. In this case, the downside support is anticipated at RM1.58, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy near RM1.70

Target: RM1.90, RM2.00 (time frame: 3-6 weeks)

Exit: RM1.58

Source: AmInvest Research - 5 Mar 2020

Share this
Labels: MASTER

Related Stocks

Chart Stock Name Last Change Volume 
MASTER 1.77 -0.07 (3.80%) 1,588,400 

  Be the first to like this.

I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Earn MQ Points while trading with MQ Traders Group
MQ Affiliate
Earn side income from MQ Affiliate Program

485  429  645  903 

Top 10 Active Counters
 SAPNRG 0.125+0.01 
 AT 0.17+0.015 
 EAH 0.03-0.005 
 KGROUP-WC 0.025+0.005 
 VSOLAR 0.05+0.005 
 KGROUP 0.06+0.005 
 KANGER 0.185+0.005 
 ARMADA 0.285+0.015 
 KNM 0.205+0.01 
 HIBISCS 0.61+0.02 


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!