PublicInvest Research

Author: PublicInvest   |   Latest post: Wed, 25 Nov 2020, 10:24 AM


Technical Buy - HIL (8443)

Author:   |    Publish date:

  • Target Price RM1.12, RM1.16
  • Last closing price RM1.05
  • Potential return 6.6%, 10.4%
  • Support RM1.00
  • Stop Loss RM0.980

Possible for uptrend continuation. HIL is attempting to extend its current 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 RM1.12 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM1.16.

However, failure to hold on to support level of RM1.00 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 28 Oct 2020

Share this
Labels: HIL

Related Stocks

Chart Stock Name Last Change Volume 
HIL 1.19 0.00 (0.00%) 124,900 

  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

216  273  576  1398 

Top 10 Active Counters
 VIVOCOM 0.705-0.15 
 AT 0.18+0.01 
 XDL 0.065-0.005 
 ASIABIO-OR 0.01-0.025 
 KNM 0.205-0.005 
 JAKS-WC 0.31+0.215 
 PARKSON 0.145+0.02 
 JAKS 0.595+0.01 
 DAYA 0.02+0.005 
 SUPERMX-C1I 0.1050.00 


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!