Highlights

PublicInvest Research

Author: PublicInvest   |   Latest post: Tue, 24 Nov 2020, 10:34 AM

 

Technical Buy - K1-WC (0111WC)

Author:   |    Publish date:


  • Target Price: RM0.105, RM0.120
  • Last closing price: RM0.090
  • Potential return: 16.6%, 33.3%
  • Support: RM0.080
  • Stop Loss: RM0.070

Possible for upside. K1-WC is breaking out of 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 RM0.105 be broken, it may continue to lift price higher to subsequent resistance level of RM0.120. Note that the maturity date of K1-WC is on 30 Dec 2021.

However, failure to hold on to support level of RM0.080 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 8 Oct 2019

Share this
Labels: K1

Related Stocks

Chart Stock Name Last Change Volume 
K1 0.37 -0.01 (2.63%) 5,050,900 

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Perform Technical & Fundamental Analysis on Stocks
MQ Affiliate
Earn rewards by referring your friends
 
 

241  924  499  511 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 AT 0.155-0.015 
 PHB 0.030.00 
 SAPNRG 0.115-0.005 
 VIVOCOM 0.855-0.365 
 KANGER 0.18-0.015 
 PA 0.145-0.005 
 MTRONIC 0.105-0.01 
 KGROUP-WC 0.020.00 
 XDL 0.07-0.005 
 ARMADA 0.27-0.005 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS