AmInvest Research Reports

Author: AmInvest   |   Latest post: Wed, 17 Jul 2019, 9:44 AM


Stocks on Radar - London Biscuits (7126)

Author:   |    Publish date:

London Biscuits may soon test the RM0.38 level. With a rising RSI level, its may breach this level and move towards a target price of RM0.405, followed by RM0.44. Meanwhile, it may continue to trend sideways if it fails to move above the RM0.38 mark in the near term. In this case, the support level is anticipated at RM0.35 whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM0.38

Target: RM0.405, RM0.44 (time frame: 3-6 weeks)

Exit: RM0.35

Source: AmInvest Research - 19 Jun 2019

Share this

Related Stocks

Chart Stock Name Last Change Volume 
LONBISC 0.195 +0.005 (2.63%) 4,309,200 

  Be the first to like this.


212  328  557  1049 

Top 10 Active Counters
 ISTONE 0.25+0.09 
 VELESTO-WA 0.150.00 
 KNM 0.395-0.005 
 GPACKET-WB 0.120.00 
 SAPNRG-WA 0.130.00 
 SAPNRG 0.305-0.005 
 REACH 0.215+0.025 
 REACH-WA 0.07+0.015 
 VELESTO 0.32-0.01 
 ALAM 0.115+0.01 
Partners & Brokers