PublicInvest Research

Author: PublicInvest   |   Latest post: Fri, 27 Nov 2020, 11:04 AM


Technical Buy - KUCHAI (2186)

Author:   |    Publish date:

  • Target Price: RM1.84, RM1.92
  • Last closing price: RM1.72
  • Potential return: 6.9%, 11.6%
  • Support: RM1.68
  • Stop Loss: RM1.64

Possible for bullish recovery. KUCHAI is attempting to recover 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 RM1.77 be broken, it may continue to lift price higher to subsequent resistance levels of RM1.84 and RM1.92.

However, failure to hold on to support level of RM1.68 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 16 Jan 2020

Share this
Labels: KUCHAI

Related Stocks

Chart Stock Name Last Change Volume 
KUCHAI 1.28 0.00 (0.00%)

  SS Loh likes this.

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

529  557  546  538 

Top 10 Active Counters
 KANGER 0.185+0.005 
 AT 0.200.00 
 BINTAI 0.795+0.10 
 KGROUP 0.060.00 
 MTRONIC 0.115+0.005 
 ASIABIO-OR 0.015+0.005 
 IRIS 0.36+0.005 
 VIVOCOM 1.01+0.205 
 FINTEC 0.105+0.01 
 SOLUTN 1.27+0.15 


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!