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AmInvest Research Reports

Author: AmInvest   |   Latest post: Wed, 20 Jan 2021, 9:28 AM

 

Stocks on Radar - PUC (0007)

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PUC is consolidating, and is posied to test the RM0.25 resistance level. With its RSI indicator pointing upwards, 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 RM0.265 and RM0.275. The downside support is projected at RM0.23. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy on breakout RM0.25

Target: RM0.265, RM0.275 (time frame: 2-4 weeks)

Exit: RM0.23

Source: AmInvest Research - 5 Nov 2020

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Labels: PUC

Related Stocks

Chart Stock Name Last Change Volume 
PUC 0.145 +0.005 (3.57%) 22,754,900 

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