Highlights

PublicInvest Research

Author: PublicInvest   |   Latest post: Fri, 25 Sep 2020, 9:26 AM

 

Technical Buy - WZSATU (7245)

Author:   |    Publish date:


  • Target Price: RM0.235, RM0.260
  • Last closing price: RM0.220
  • Potential return: 6.8%, 18.1%
  • Support: RM0.205
  • Stop Loss: RM0.195

Possible for sideways breakout. WZSATU is staging a potential breakout of its current sideways formation. Slightly improved 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 RM0.235 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.260.

However, failure to hold on to support level of RM0.205 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 7 Aug 2020

Share this
Labels: WZSATU

Related Stocks

Chart Stock Name Last Change Volume 
WZSATU 0.195 -0.005 (2.50%) 1,942,300 

  helmikifli likes this.
 
moneykj Next week watch out Media
09/08/2020 10:51 AM


APPS
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
 
 

497  407  524  653 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 ASB 0.175+0.005 
 KANGER 0.22-0.015 
 MUIIND 0.115-0.005 
 MTOUCHE 0.06-0.005 
 PHB 0.03+0.005 
 SAPNRG 0.105-0.005 
 CAREPLS 3.18+0.03 
 HLT 1.66-0.01 
 PARLO 0.40-0.15 
 PASUKGB 0.0750.00 

FEATURED POSTS

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!

TOP ARTICLES

1. TOPGLOV (7113) - Top Glove spent RM 564,639,998.73 in September for Share Buyback !!! Good or Bad? Bursa Malaysia Free Trading Education
2. Top Glove Investment: Is the EPF trading or investing?- A Misconception Van Gogh of Financial
3. 顶级手套业绩超越Maybank!股价却没反应,因为有一样东西悄悄地发生了变化!(Part 1/4) Valuation on Glove Sector - 陈剑 Good Articles to Share
4. LCTITAN - ALL-TIME HIGH SALES VOLUME AT ELEVATED ASPS, AND... Jom & Terry
5. 'THE GREATER FOOL THEORY By Dr Neoh Soon Kean (Excerpts from STOCK MARKET INVESTMENT), Calvin Tan comments THE INVESTMENT APPROACH OF CALVIN TAN
6. (CHOIVO CAPITAL) LCTITAN (5284) Five Magic Words - Rising ASP’s, Falling Costs, Hurricane (or is it Butadiene?) Choivo Capital
7. 热门股:速柏玛 上挑RM8.99 南洋行家论股
8. (CHOIVO CAPITAL) LCTITAN (5284) - Rising ASP's, Falling Costs, Butadiene (Glove Proxy), Hurricane, Selling For Cash (A Summary) Choivo Capital
PARTNERS & BROKERS