AmInvest Research Reports

Author: AmInvest   |   Latest post: Thu, 12 Dec 2019, 11:00 AM


Stocks on Radar - Padini Holdings (7052)

Author:   |    Publish date:

Padini Holdings has rebounded from its low to test the RM3.81 immediate resistance level. With a rising RSI, a bullish bias may be present above this mark with target prices of RM4.02 and

RM4.22. Meanwhile, it may continue moving sideways if it fails to cross the RM3.81 mark in the near term. In this case, the immediate support is anticipated at RM3.61, whereby traders may exit on a breach to avoid the risk of a further correction. Trading Call: Buy upon breakout above RM3.81

Target: RM4.02, RM4.22 (time frame: 3-6 weeks)

Exit: RM3.61

Source: AmInvest Research - 23 Sept 2019

Share this
Labels: PADINI

Related Stocks

Chart Stock Name Last Change Volume 
PADINI 3.15 -0.05 (1.56%) 439,800 

  Be the first to like this.


323  265  542  1135 

Top 10 Active Counters
 ECOWLD 0.79+0.045 
 SAPNRG 0.260.00 
 HSI-H8F 0.125-0.005 
 EKOVEST 0.815+0.02 
 DYNACIA-PA 0.045+0.005 
 HSI-C7K 0.34+0.06 
 PERDANA-PR 0.015+0.005 
 VELESTO 0.36-0.005 
 ECOWLD-CV 0.025+0.01 
 DGB 0.14-0.005 


1. Leveraged & Inverse ETF CMS
Partners & Brokers