Highlights

PublicInvest Research

Author: PublicInvest   |   Latest post: Fri, 14 Aug 2020, 10:38 AM

 

Technical Buy: SSTEEL (5665)

Author:   |    Publish date:


  • Target Price: RM1.00, RM1.05
  • Last closing price: RM0.950
  • Potential return: 5.2%, 10.5%
  • Support: RM0.900
  • Stop Loss: RM0.875

Possible for upside. SSTEEL is showing initial signs of 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 RM1.00 be broken, it may continue to lift price higher to subsequent resistance level of RM1.05.

However, failure to hold on to support level of RM0.900 may indicate weakness in the share price and hence, a cut-loss signal

Source: PublicInvest Research - 14 Jun 2019

Share this
Labels: SSTEEL

Related Stocks

Chart Stock Name Last Change Volume 
SSTEEL 0.445 0.00 (0.00%) 4,000 

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Stock Screener using Technical and Fundamental criteria
MQ Affiliate
Join the MQ Affiliate Program today to earn rewards
 
 

237  841  406  512 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 XOX 0.24-0.015 
 SAPNRG 0.115-0.015 
 BORNOIL 0.07+0.005 
 AT 0.09-0.015 
 PWORTH 0.040.00 
 PHB 0.035-0.005 
 LAMBO 0.0550.00 
 TRIVE 0.020.00 
 PHB-WB 0.02-0.005 
 NEXGRAM 0.0650.00 

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