PublicInvest Research

Author: PublicInvest   |   Latest post: Wed, 8 Jul 2020, 9:45 AM


Technical Buy- PLABS (0171)

Author:   |    Publish date:

  • Target Price: RM0.215, RM0.225
  • Last closing price: RM0.195
  • Potential return: 10.2%, 15.3%
  • Support: RM0.180
  • Stop Loss: RM0.160

Possible for further upside. PLABS is attempting to extend its current uptrend. Slightly improved 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 RM0.215 be genuinely broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.225.

However, failure to hold on to support level of RM0.180 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 28 May 2020

Share this
Labels: PLABS

Related Stocks

Chart Stock Name Last Change Volume 
PLABS 0.205 0.00 (0.00%) 4,342,600 

  Be the first to like this.

I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View Trading Signals and run Live Backtest
MQ Affiliate
Earn rewards with MQ Affiliate Program

515  231  550  925 

Top 10 Active Counters
 PDZ 0.18+0.09 
 PDZ-WB 0.05+0.02 
 VC 0.08+0.02 
 IRIS 0.27+0.01 
 MQTECH 0.075+0.01 
 MLAB 0.05+0.01 
 ANZO 0.22-0.015 
 KNM 0.23+0.015 
 TDEX 0.08+0.02 
 GPACKET 0.64+0.14 


1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
2. MQ Affiliate – A smarter way to earn more rewards MQ Trader Affiliate Program
3. MQ Affiliate – How to become an effective affiliate MQ Trader Affiliate Program
4. MQ Affiliate – Upgrading to Affiliate Partner MQ Trader Affiliate Program
Partners & Brokers