Highlights

PublicInvest Research

Author: PublicInvest   |   Latest post: Tue, 20 Oct 2020, 10:04 AM

 

Technical Buy - CRESBLD (8591)

Author:   |    Publish date:


  • Target Price: RM1.05, RM1.10
  • Last closing price: RM0.990
  • Potential return: 6.0%, 11.1%
  • Support: RM0.940
  • Stop Loss: RM0.920

Possible for upside. CRESBLD 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 RM1.05 be broken, it may continue to lift price higher to subsequent resistance level of RM1.10.

However, failure to hold on to support level of RM0.940 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 16 Oct 2019

Share this
Labels: CRESBLD

Related Stocks

Chart Stock Name Last Change Volume 
CRESBLD 0.67 -0.005 (0.74%) 17,100 

  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
 
 

339  418  603  1071 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 LAMBO 0.0350.00 
 LUSTER 0.26+0.035 
 MAHSING 1.36+0.12 
 KTB 0.165+0.05 
 LUSTER-WA 0.165+0.035 
 XOX 0.1250.00 
 AT 0.095-0.005 
 MLAB 0.0350.00 
 PHB 0.03+0.01 
 SALCON-WB 0.15+0.02 

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!

TOP ARTICLES

1. DON'T FORGET TO WATCH THIS EXPLOSYF COUNTER CLOSELY !!! Bursa Master
2. IT'S A TIME FOR THIS GLOVES GOING TO SKYROCKET!!! Follow Kim's Stockwatch!
3. A ZOOM Meeting With My Uncle (Retired Fund Manager) Learn from my Uncle (Retired Fund Manager)
4. SUPERMAX - BEYOND GLOVES !!! freetospeak
5. PublicInvest Research Daily - 19 October 2020 PublicInvest Research
6. LET'S GET ROLLING THIS GLOVES TO NEXT LEVEL!!! Follow Kim's Stockwatch!
7. LUSTER - IS IT ANOTHER GLOVE TITAN? HIDDEN WINNER(S) OF PHARMACEUTICAL DEMAND PENT UP
8. Covid 19 cases in Malaysia - Koon Yew Yin Koon Yew Yin's Blog
PARTNERS & BROKERS