PublicInvest Research

Author: PublicInvest   |   Latest post: Fri, 30 Oct 2020, 10:22 AM


Technical Buy - ESCERAM (0100)

Author:   |    Publish date:

  • Target Price: RM0.290, RM0.310
  • Last closing price: RM0.255
  • Potential return: 13.7%, 21.5%
  • Support: RM0.230
  • Stop Loss: RM0.210

Possible for gradual recovery. Breaking out of its downtrend formation, ESCERAM rebounded yesterday. 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 RM0.260 be broken with persistent buying interest, it may continue to lift price higher to subsequent resistance levels of RM0.290 and RM0.310.

However, failure to hold on to support level of RM0.230 may indicate weakness in the share price and hence, a cut-loss signal

Source: PublicInvest Research - 4 Mar 2020

Share this

Related Stocks

Chart Stock Name Last Change Volume 
ESCERAM 0.56 -0.04 (6.67%) 28,691,400 

  Be the first to like 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

248  821  476  603 

Top 10 Active Counters
 AT 0.10+0.005 
 DGSB 0.195-0.03 
 VIVOCOM 0.05+0.005 
 AEM 0.16+0.005 
 GPACKET 0.46-0.02 
 MAHSING 0.91-0.05 
 DATAPRP 0.18-0.015 
 HWGB 0.755-0.025 
 LUSTER 0.15-0.015 
 TRIVE 0.010.00 


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!