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AmInvest Research Reports

Author: AmInvest   |   Latest post: Fri, 22 Oct 2021, 10:12 AM

 

Stocks on Radar - Malaysia Airports Holdings (5014)

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Malaysia Airports Holdings retraced and touched the RM6.73 support level. With its 21-day moving average pointing upward, coupled with a higher high candle stick pattern, there is a good chance that it would experience a technical rebound and head towards the short-term target price of RM7.00, followed by RM7.15. The downside support is marked at RM6.34. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy near RM6.73

Target: RM7.00, RM7.15 (time frame: 2-4 weeks)

Exit: RM6.34
 

Source: AmInvest Research - 21 Sept 2021

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Labels: AIRPORT

Related Stocks

Chart Stock Name Last Change Volume 
AIRPORT 6.58 -0.02 (0.30%) 1,349,700 

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