Highlights

AmInvest Research Reports

Author: AmInvest   |   Latest post: Wed, 11 Dec 2019, 3:03 PM

 

Stocks on Radar - Sime Darby Property (5288)

Author:   |    Publish date:


Sime Darby Property has rebounded from its low to test the immediate RM0.85 resistance level. With a rising RSI, a bullish bias may be present above this mark with target prices of RM0.92 and RM0.96. Meanwhile, it may continue moving sideways if it fails to cross RM0.85 in the near term. In this case, the immediate support is anticipated at RM0.76, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM0.85
Target: RM0.92, RM0.96 (time frame: 3-6 weeks)
Exit: RM0.76

Source: AmInvest Research - 15 Nov 2019

Share this
Labels: SIMEPROP

Related Stocks

Chart Stock Name Last Change Volume 
SIMEPROP 0.82 +0.02 (2.50%) 3,555,800 

  Be the first to like this.
 


 

292  244  520  1209 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 AT 0.050.00 
 HSI-C7K 0.285+0.015 
 HSI-H8F 0.195-0.02 
 PERDANA-PR 0.015-0.005 
 WCEHB 0.33+0.025 
 TDM 0.325+0.015 
 DGB 0.1450.00 
 XDL 0.11+0.005 
 KNM-WB 0.04-0.005 
 FGV 1.44+0.02 

FEATURED POSTS

1. Leveraged & Inverse ETF CMS
Partners & Brokers