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AmInvest Research Reports

Author: AmInvest   |   Latest post: Tue, 21 Sep 2021, 10:33 AM

 

Stocks on Radar - Alcom Group (2674)

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Alcom Group is moving sideways, and is poised to touch the RM0.765 resistance level. With its RSI indicator trending upwards, there is a good chance that it would experience a technical breakout and head towards the short-term target price of RM0.80, followed by RM0.825. The downside support is marked at RM0.72. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy on breakout RM0.765

Target: RM0.80, RM0.825 (time frame: 2–4 weeks)

Exit: RM0.72

Source: AmInvest Research - 23 Jul 2021

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Labels: ALCOM

Related Stocks

Chart Stock Name Last Change Volume 
ALCOM 0.835 +0.02 (2.45%) 1,064,000 

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