Highlights

AmInvest Research Reports

Author: AmInvest   |   Latest post: Wed, 17 Jul 2019, 3:01 PM

 

Stocks on Radar - Media Prima (4502)

Author:   |    Publish date:


Media Prima was testing the RM0.40 resistance level in its latest session. With a moderate RSI level, it may cross this level with a target price of RM0.43, followed by RM0.46. Meanwhile, it may continue trending sideways if it fails to breach the RM0.40 mark in the near term. In this case, the support level is anticipated at RM0.37 whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on technical rebound above RM0.40

Target: RM0.43, RM0.46 (time frame: 3-6 weeks)

Exit: RM0.37

Source: AmInvest Research - 19 Jun 2019

Share this
Labels: MEDIA

Related Stocks

Chart Stock Name Last Change Volume 
MEDIA 0.485 0.00 (0.00%) 5,678,500 

  Be the first to like this.
 


 

273  435  536  612 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 ISTONE 0.245-0.005 
 SAPNRG-WA 0.130.00 
 SAPNRG 0.305-0.005 
 NETX 0.0150.00 
 SUMATEC 0.035+0.005 
 KNM 0.39-0.01 
 VELESTO-WA 0.145-0.005 
 ALAM-WA 0.0550.00 
 REACH-WA 0.065+0.01 
 REACH 0.21+0.02 
Partners & Brokers