PublicInvest Research

Author: PublicInvest   |   Latest post: Fri, 26 Nov 2021, 10:48 AM


Technical Buy - GPHAROS (5649)

Author:   |    Publish date:

  • Target Price: RM0.405, RM0.425
  • Last closing price: RM0.375
  • Potential return: 8.0%, 13.3%
  • Support: RM0.365
  • Stop Loss: RM0.340

Possible for sideways breakout. GPHAROS is staging a potential breakout from its sideways channel, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.405 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.425.

However, failure to hold on to support level of RM0.365 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 15 Oct 2021

Share this

Related Stocks

Chart Stock Name Last Change Volume 
GPHAROS 0.305 -0.025 (7.58%) 404,800 

  Be the first to like this.


1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
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

228  754  509  818 

Top 10 Active Counters
 VSOLAR 0.0150.00 
 BORNOIL 0.0250.00 
 DNEX 0.815-0.04 
 CAREPLS 1.22+0.25 
 SAPNRG 0.09-0.005 
 KANGER-WB 0.0050.00 
 TOPGLOV 2.64+0.39 
 LKL 0.10-0.015 
 G3 0.11-0.02 
 FITTERS 0.43-0.08