PublicInvest Research

Author: PublicInvest   |   Latest post: Mon, 18 Jan 2021, 11:45 AM


Technical Buy - BAHVEST (0098)

Author:   |    Publish date:

  • Target Price: RM0.420, RM0.450
  • Last closing price: RM0.380
  • Potential return: 10.5%, 18.4%
  • Support: RM0.360
  • Stop Loss: RM0.310

Possible for uptrend continuation. BAHVEST is riding on its uptrend. Improving RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in the near term. Should resistance level of RM0.420 be broken, it may continue to lift price higher to subsequent resistance level of RM0.450.

However, failure to hold on to support level of RM0.360 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 7 Apr 2020

Share this

Related Stocks

Chart Stock Name Last Change Volume 
BAHVEST 0.57 +0.02 (3.64%) 5,622,800 

  jewaputra likes this.

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

533  508  563  490 

Top 10 Active Counters
 LAMBO 0.030.00 
 PRG 0.275-0.01 
 KGROUP 0.050.00 
 PNEPCB 0.38-0.04 
 AT 0.18-0.005 
 PHB 0.0250.00 
 QES 0.355+0.05 
 DNEX 0.22+0.015 
 IRIS 0.4050.00 
 XOX 0.095-0.01 


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!