TECHNICAL BUY - BAHVEST-WA (0098WA) - PublicInvest Research

Highlights

Author: PublicInvest | Latest post: Wed, 20 Jan 2021, 11:39 AM

An official blog in I3investor to publish research reports provided by PublicInvest Research team.

All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp

PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718

TECHNICAL BUY - BAHVEST-WA (0098WA)

Author: PublicInvest | Publish date: Tue, 31 Dec 2019, 9:37 AM

Target Price: RM0.335, RM0.350
Last closing price: RM0.300
Potential return: 11.6%, 16.6%
Support: RM0.295
Stop Loss: RM0.275

Possible for upside. BAHVEST-WA is staging another potential bullish turnaround from its downtrend. 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 RM0.315 be broken, it may continue to lift price higher to subsequent resistance levels of RM0.335 and RM0.350. Note that the maturity date of BAHVEST-WA is on 20 Aug 2024.

Source: PublicInvest Research - 31 Dec 2019

Share this

Labels: BAHVEST

Related Stocks

Chart	Stock Name	Last	Change	Volume
	BAHVEST	0.615	+0.035 (6.03%)	19,180,700

More articles on PublicInvest Research >>

Technical Buy - YONGTAI (7066) - Jan 20, 2021
PublicInvest Research Headlines - 20 Jan 2021 - Jan 20, 2021
Technical Buy - PELIKAN (5231) - Jan 20, 2021
PublicInvest Research Daily - 19 Jan 2021 - Jan 19, 2021
PublicInvest Research Market Strategy - More Aid Extended - Jan 19, 2021
Serba Dinamik Holdings Berhad - First Awards For The Year - Jan 19, 2021

Comment

Be the first to like this.

APPS

I3 Messenger

Individual or Group chat with anyone on I3investor

MQ Trader

View candlestick stock charts with Technical indicators

MQ Affiliate

Be rewarded by being an MQ Affiliate

559

433

624

487

ActiveGainersLosers

Top 10 Active Counters
Name	Last	Change
HPPHB	0.71	+0.14
MTOUCHE	0.065	0.00
WIDAD	0.66	-0.005
ANZO	0.105	+0.025
DGB	0.125	-0.05
VIZIONE	0.275	-0.03
KSTAR	0.32	+0.065
KTG	0.25	-0.015
AT	0.175	0.00
PNEPCB	0.33	-0.01