PublicInvest Research

Author: PublicInvest   |   Latest post: Tue, 25 Jun 2019, 11:52 AM


Technical Buy: SCH (0161)

Author:   |    Publish date:

  • Target Price: RM0.150, RM0.160
  • Last closing price: RM0.130
  • Potential return: 15.3%, 23.0%
  • Support: RM0.125
  • Stop Loss: RM0.115

Possible for some upside. SCH is staging a potential recovery from its consolidation phase. Improving 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 RM0.150 be broken, it may continue to lift price higher to subsequent resistance level of RM0.160.

However, failure to hold on to support level of RM0.125 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 27 May 2019

Share this
Labels: SCH

Related Stocks

Chart Stock Name Last Change Volume 
SCH 0.12 0.00 (0.00%) 1,415,600 

  Be the first to like this.


357  292  521  747 

Top 10 Active Counters
 HSI-C5P 0.34-0.035 
 HSI-C5J 0.255-0.045 
 HSI-H6Q 0.30+0.035 
 ARMADA 0.210.00 
 SUMATEC 0.010.00 
 FOCUS 0.16+0.015 
 SAPNRG 0.315+0.005 
 LAMBO 0.065+0.005 
 BJLAND 0.195+0.005 
 REACH 0.195-0.015 
Partners & Brokers