Highlights

AmInvest Research Reports

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

 

Stocks on Radar - Power Root (7237)

Author:   |    Publish date:


Power Root may soon test the RM2.24 resistance level. With an RSI above 50%, a bullish bias may be present above this mark with target prices of RM2.40 and RM2.50. Meanwhile, it may continue moving sideways if it fails to cross RM2.24 in the near term. Support is then anticipated at RM2.08, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM2.24

Target: RM2.40, RM2.50 (time frame: 3-6 weeks)

Exit: RM2.08

Source: AmInvest Research - 19 Nov 2019

Share this
Labels: PWROOT

Related Stocks

Chart Stock Name Last Change Volume 
PWROOT 2.36 -0.01 (0.42%) 30,200 

  Be the first to like this.
 


 

287  245  515  1218 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 AT 0.050.00 
 HSI-C7K 0.285+0.015 
 HSI-H8F 0.19-0.025 
 PERDANA-PR 0.015-0.005 
 TDM 0.32+0.01 
 WCEHB 0.325+0.02 
 DGB 0.1450.00 
 KNM-WB 0.04-0.005 
 XDL 0.11+0.005 
 TIGER 0.105-0.005 

FEATURED POSTS

1. Leveraged & Inverse ETF CMS
Partners & Brokers