Highlights

PublicInvest Research

Author: PublicInvest   |   Latest post: Thu, 3 Dec 2020, 9:02 AM

 

Technical Buy - NAIM (5073)

Author:   |    Publish date:


  • Target Price RM0.935, RM1.00
  • Last closing price RM0.865
  • Potential return 8.0%, 15.6%
  • Support RM0.790
  • Stop Loss RM0.770

Possible for breakout. NAIM is staging a breakout of its sideways channel. Corresponding RSI and MACD indicators remain healthy while trending sideways, with anticipation of continuous improvement in both momentum and trend in the near term. Should resistance level of RM0.935 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM1.00.

However, failure to hold on to support level of RM0.790 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 22 Oct 2020

Share this
Labels: NAIM

Related Stocks

Chart Stock Name Last Change Volume 
NAIM 0.82 +0.025 (3.14%) 7,414,500 

  Be the first to like this.
 
calvintaneng Naim is a buy and hold

Hold tight
22/10/2020 10:47 AM
Thiru1999 hold tight
22/10/2020 9:18 PM
Thiru1999 volume traded more then maybank
22/10/2020 9:20 PM
Mcaresdk91 best goreng stox for punters n ikan bilis.if traped can wait for dividen
22/10/2020 9:31 PM
tips888 I AM SO HAPPY, STRIKE 300 LOT DIY, EXPECT TO GAIN 30K ON MONDAY.
23/10/2020 4:58 PM
Keyman188 OMG...You kena JackPot....

So next week Keyman188 wants to see your show....

...............MR...........D......I............Y............
23/10/2020 5:05 PM


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
 
 

655  401  573  789 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 YONGTAI 0.28+0.11 
 BINTAI 1.01+0.165 
 KANGER 0.185+0.015 
 TOPBLDS 0.10+0.015 
 TRIVE 0.0150.00 
 SAPNRG 0.12+0.005 
 MTRONIC 0.120.00 
 AT 0.19-0.005 
 KNM 0.21+0.005 
 FOCUS-WD 0.045+0.04 

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!
PARTNERS & BROKERS