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AmInvest Research Reports

Author: AmInvest   |   Latest post: Wed, 3 Jun 2020, 10:58 AM

 

Stocks on Radar - Teo Seng Capital (7252)

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Teo Seng Capital was testing the resistance level of RM0.915 during its intraday high. With a rising RSI level, it may climb above this mark with the target prices of RM0.99 and RM1.08. In this case, the downside support is anticipated at RM0.79, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy on breakout RM0.915

Target: RM0.99, RM1.08 (time frame: 3-6 weeks)

Exit: RM0.79

Source: AmInvest Research - 30 Mar 2020

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Labels: TEOSENG

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Chart Stock Name Last Change Volume 
TEOSENG 0.935 -0.01 (1.06%) 585,700 

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