Highlights

PublicInvest Research

Author: PublicInvest   |   Latest post: Thu, 24 Jun 2021, 9:56 AM

 

Technical Buy - LAGENDA-WB (7179WB)

Author:   |    Publish date:


  • Target Price: RM0.400, RM0.420
  • Last closing price: RM0.360
  • Potential return: 11.1%, 16.6%
  • Support: RM0.340
  • Stop Loss: RM0.325

Possible for sideways breakout. LAGENDA-WB is staging a potential breakout from 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 immediate resistance level of RM0.380 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance levels of RM0.400 and RM0.420. Note that the maturity date of LAGENDA-WB is on 22 Jan 2022.

However, failure to hold on to support level of RM0.340 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 16 Dec 2020

Share this
Labels: LAGENDA

Related Stocks

Chart Stock Name Last Change Volume 
LAGENDA 1.29 0.00 (0.00%) 789,000 

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Stock Screener using Technical and Fundamental criteria
MQ Affiliate
Join the MQ Affiliate Program today to earn rewards
 
 

219  725  534 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 SERBADK 0.535-0.06 
 FINTEC 0.03-0.005 
 MMAG 0.165+0.005 
 DNEX 0.76-0.05 
 KNM 0.165-0.015 
 SERBADK-WA 0.10-0.005 
 SANICHI 0.055-0.01 
 M3TECH 0.07+0.005 
 GOB 0.37-0.02 
 HSI-HGN 0.025-0.005 

FEATURED POSTS

1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS