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AmInvest Research Reports

Author: AmInvest   |   Latest post: Wed, 15 Sep 2021, 9:45 AM

 

Stocks on Radar - QES Group (0196)

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QES Group pulled back and tested the RM0.835 support level. With its 50-day moving average indicator in an uptrend, coupled with sustainable trading volume, we see a possibility for a technical rebound. If this happens, we expect it to move towards short-term target prices of RM0.875 and RM0.905. A downside support is projected at RM0.785. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy near RM0.835

Target: RM0.875, RM0.905 (time frame: 2-4 weeks)

Exit: RM0.785
 

Source: AmInvest Research - 5 Aug 2021

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Labels: QES

Related Stocks

Chart Stock Name Last Change Volume 
QES 0.735 +0.01 (1.38%) 2,870,100 

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