Highlights

AmInvest Research Reports

Author: AmInvest   |   Latest post: Tue, 11 Aug 2020, 2:13 PM

 

Stocks on Radar- Supermax Corporation (7106)

Author:   |    Publish date:


Supermax Corporation may soon scale higher to test the RM9.00 resistance level. With a rising trading volume, we foresee that there could be a technical breakout above the resistance level. If this happens, it will climb towards the short-term target price of RM9.45 followed by RM10.40. In this case, the downside support is marked at RM8.05, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy on breakout RM9.00

Target: RM9.45, RM10.40 (time frame: 2-4 weeks)

Exit: RM8.05

Source: AmInvest Research - 3 Jul 2020

Share this
Labels: SUPERMX

Related Stocks

Chart Stock Name Last Change Volume 
SUPERMX 22.40 +1.20 (5.66%) 26,473,700 

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View Trading Signals and run Live Backtest
MQ Affiliate
Earn rewards with MQ Affiliate Program
 
 

392  643  444  785 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 SAPNRG 0.145+0.045 
 NETX 0.020.00 
 AT 0.135+0.015 
 TRIVE 0.025-0.005 
 VELESTO 0.16+0.015 
 LAMBO 0.07-0.005 
 SAPNRG-WA 0.095+0.05 
 KNM 0.245+0.015 
 VC 0.10+0.005 
 BORNOIL 0.08-0.005 

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