AmInvest Research Reports

Author: AmInvest   |   Latest post: Mon, 30 Nov 2020, 10:50 AM


Stocks on Radar- Master-Pack Group (7029)

Author:   |    Publish date:

Master-Pack Group surged higher to touch the resistance level RM2.10. With an RSI pointing upwards, and coupled with higher trading volume, we think that it could break out from the immediate resistance. If this happens, it may climb towards the short-term target price of RM2.25 followed by RM2.30. In this case, the downside support is marked at RM1.92, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on breakout RM2.10

Target: RM2.25, RM2.30 (time frame: 2-4 weeks)

Exit: RM1.92

Source: AmInvest Research - 29 May 2020

Share this
Labels: MASTER

Related Stocks

Chart Stock Name Last Change Volume 
MASTER 1.78 +0.05 (2.89%) 1,225,600 

  Be the first to like this.

I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View candlestick stock charts with Technical indicators
MQ Affiliate
Be rewarded by being an MQ Affiliate

551  376  631  906 

Top 10 Active Counters
 AT 0.200.00 
 SAPNRG 0.12+0.005 
 KANGER 0.1850.00 
 VIVOCOM 1.14+0.13 
 BINTAI 0.83+0.035 
 KNM 0.205+0.005 
 BIOHLDG 0.32+0.005 
 TNLOGIS 0.87+0.105 
 TDM 0.29+0.025 
 SANICHI 0.06-0.005 


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!