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AmInvest Research Reports

Author: AmInvest   |   Latest post: Fri, 13 Dec 2019, 9:23 AM

 

Stocks on Radar - K-One Technology (0111)

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K-One Technology may soon test the resistance level RM0.285. With RSI above 60%, bullish momentum may present above this mark with a target price of RM0.32 and RM0.35. Meanwhile, it may continue moving sideways if it fails to cross the resistance level in the near term. In this case, the immediate support is anticipated at RM0.255, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy upon breakout above RM0.285

Target: RM0.32, RM0.35 (time frame: 3-6 weeks)

Exit: RM0.255

Source: AmInvest Research - 9 May 2019

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Labels: K1

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Chart Stock Name Last Change Volume 
K1 0.21 0.00 (0.00%) 1,301,000 

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