Highlights

PublicInvest Research

Author: PublicInvest   |   Latest post: Fri, 22 May 2020, 10:22 AM

 

Technical Buy: SCH (0161)

Author:   |    Publish date:


  • Target Price: RM0.150, RM0.160
  • Last closing price: RM0.130
  • Potential return: 15.3%, 23.0%
  • Support: RM0.125
  • Stop Loss: RM0.115

Possible for some upside. SCH is staging a potential recovery from its consolidation phase. Improving RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in near term. Should resistance level of RM0.150 be broken, it may continue to lift price higher to subsequent resistance level of RM0.160.

However, failure to hold on to support level of RM0.125 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 27 May 2019

Share this
Labels: SCH

Related Stocks

Chart Stock Name Last Change Volume 
SCH 0.085 -0.005 (5.56%) 1,767,000 

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View Trading Signals and run Live Backtest
MQ Affiliate
Earn rewards with MQ Affiliate Program
 
 

308  664  417  518 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 DSONIC-WA 0.585+0.09 
 VELESTO 0.16-0.005 
 KNM 0.205-0.015 
 ARMADA 0.215-0.015 
 GDEX 0.37+0.05 
 DSONIC 1.55+0.21 
 GPACKET-WB 0.35+0.04 
 AGES-PA 0.03+0.005 
 MEDIA 0.16+0.005 
 MSM 0.665+0.015 

FEATURED POSTS

1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
2. MQ Affiliate – A smarter way to earn more rewards MQ Trader Affiliate Program
3. MQ Affiliate – How to become an effective affiliate MQ Trader Affiliate Program
4. MQ Affiliate – Upgrading to Affiliate Partner MQ Trader Affiliate Program
Partners & Brokers