AmInvest Research Reports

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


Stocks on Radar - Destini (7212)

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Destini breached the RM0.24 resistance price in its latest session with higher trading volume. With the momentum indicator RSI above 50%, the short-term rebound could reach a target price of RM0.265, followed by RM0.275. If it falls below RM0.24, it will move sideways and consolidate. The support price is anticipated at RM0.215 whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on continuation above RM0.24

Target: RM0.265, RM0.275 (time frame: 3-6 weeks)

Exit: RM0.215

Source: AmInvest Research - 8 Nov 2019

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Chart Stock Name Last Change Volume 
DESTINI 0.215 0.00 (0.00%) 3,622,900 

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