Highlights

PublicInvest Research

Author: PublicInvest   |   Latest post: Fri, 19 Jul 2019, 8:51 AM

 

Technical Buy: VSOLAR (0066)

Author:   |    Publish date:


  • Target Price: RM0.210
  • Last closing price: RM0.180
  • Potential return: 16.6%
  • Support: RM0.170
  • Stop Loss: RM0.160

Possible for further upside. VSOLAR is staging a potential breakout of its sideways channel. 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 RM0.190 be broken, it may continue to lift price higher to subsequent resistance level of RM0.210.

However, failure to hold on to support level of RM0.170 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 24 Jun 2019

Share this
Labels: VSOLAR

Related Stocks

Chart Stock Name Last Change Volume 
VSOLAR 0.195 -0.005 (2.50%) 18,371,000 

  Be the first to like this.
 


 

462  223  565  641 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 SAPNRG 0.31+0.01 
 SCOMI 0.10+0.01 
 SCOMI-WB 0.04+0.005 
 KNM 0.37+0.02 
 NETX 0.02+0.005 
 ARMADA 0.23+0.005 
 GPACKET 0.46+0.015 
 ISTONE 0.22+0.01 
 HSI-C5J 0.21+0.07 
 HSI-H6R 0.32-0.07 
Partners & Brokers