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AmInvest Research Reports

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

 

Stocks on Radar - ManagePay Systems (0156)

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ManagePay Systems surged and touched the RM0.255 resistance level. With its RSI indicator edging upwards, coupled with a higher trading volume, there is a good chance that it would experience a technical breakout and head towards the short-term target price of RM0.265, followed by RM0.275. The downside support is marked at RM0.235. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy on breakout RM0.255

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

Exit: RM0.235
 

Source: AmInvest Research - 4 Aug 2021

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Labels: MPAY

Related Stocks

Chart Stock Name Last Change Volume 
MPAY 0.25 +0.005 (2.04%) 3,735,700 

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