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AmInvest Research Reports

Author: AmInvest   |   Latest post: Fri, 18 Jun 2021, 9:53 AM

 

Stocks on Radar - KPower (7130)

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KPower is moving sideways, touching the RM1.80 resistance level. With its RSI indicator pointing upwards, there is a good chance that it would experience a technical rebound and head towards the short-term target price of RM1.91, followed by RM1.96. The downside support is marked at RM1.64. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy on breakout RM1.80

Target: RM1.91, RM1.96 (time frame: 2-4 weeks)

Exit: RM1.64

Source: AmInvest Research - 17 May 2021

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Labels: KPOWER

Related Stocks

Chart Stock Name Last Change Volume 
KPOWER 1.00 -0.02 (1.96%) 16,554,500 

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