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AmInvest Research Reports

Author: AmInvest   |   Latest post: Tue, 26 Oct 2021, 10:03 AM

 

Stocks on Radar - OpenSys (M) (0040)

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OpenSys (M) jumped and tested the RM0.46 resistance level. With its 21-day moving average in an uptrend, coupled with a 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 RM0.485 and RM0.50. The downside support is projected at RM0.42. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy on breakout RM0.46

Target: RM0.485, RM0.50 (time frame: 2-4 weeks)

Exit: RM0.42
 

Source: AmInvest Research - 17 Sept 2021

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Labels: OPENSYS

Related Stocks

Chart Stock Name Last Change Volume 
OPENSYS 0.435 +0.005 (1.16%) 962,000 

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