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AmInvest Research Reports

Author: AmInvest   |   Latest post: Thu, 5 Dec 2019, 8:56 AM

 

Stocks on Radar - Serba Dinamik Holdings (5279)

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Serba Dinamik Holdings jumped higher and tested the RM4.10 resistance level in its latest session. With an RSI level pointing upwards, the bullish momentum may continue to reach target prices of RM4.24 and RM4.30. Meanwhile, it may drift sideways if it fails to cross above RM4.10 level. In this case, the immediate support is anticipated at RM3.95, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM4.10

Target: RM4.24, RM4.30 (time frame: 3-6 weeks)

Exit: RM3.95

Source: AmInvest Research - 13 Aug 2019

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Labels: SERBADK

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Chart Stock Name Last Change Volume 
SERBADK 2.00 -0.01 (0.50%) 3,601,800 

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