Highlights

AmInvest Research Reports

Author: AmInvest   |   Latest post: Fri, 6 Dec 2019, 5:27 PM

 

Stocks on Radar - Sapura Energy (5218)

Author:   |    Publish date:



Sapura Energy has rebounded from its low to test the immediate resistance level of RM0.295. With a rising RSI, a bullish bias may be present above this mark with target prices of RM0.32 and RM0.335. Meanwhile, it may continue moving sideways if it fails to cross the RM0.295 mark in the near term. In this case, the immediate support is anticipated at RM0.26, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM0.295
Target: RM0.32, RM0.335 (time frame: 3-6 weeks)
Exit: RM0.26

Source: AmInvest Research - 11 Nov 2019

Share this
Labels: SAPNRG

Related Stocks

Chart Stock Name Last Change Volume 
SAPNRG 0.26 -0.005 (1.89%) 36,507,200 

  Be the first to like this.
 


 

436  284  495 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 HSI-C7K 0.275+0.01 
 KHEESAN 0.485+0.005 
 IMPIANA 0.0250.00 
 ARMADA 0.475-0.02 
 HSI-H8F 0.25-0.015 
 TDM 0.275+0.03 
 FINTEC 0.0550.00 
 KNM 0.360.00 
 KNM-WB 0.075-0.01 
 MTRONIC-WA 0.010.00 

FEATURED POSTS

1. Leveraged & Inverse ETF CMS
Partners & Brokers