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AmInvest Research Reports

Author: AmInvest   |   Latest post: Thu, 5 Aug 2021, 9:40 AM

 

Stocks On Radar - Tek Seng Holdings (7200)

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Tek Seng Holdings surged and tested the RM0.87 resistance level. With its higher high candle stick pattern, coupled with higher trading volume, we see a possibility for a technical breakout. If this happens, we expect it to move towards the short-term target prices of RM0.91 and RM0.95. The downside support is projected at RM0.795. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy on breakout RM0.87

Target: RM0.91, RM0.95 (time frame: 2-4 weeks)

Exit: RM0.795

Source: AmInvest Research - 13 Oct 2020

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Labels: TEKSENG

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Chart Stock Name Last Change Volume 
TEKSENG 0.51 -0.01 (1.92%) 76,100 

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erkongseng https://kongsenger.blogspot.com/2020/11/tekseng-7200-rm0915.html?m=0
05/11/2020 6:55 PM


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