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PublicInvest Research

Author: PublicInvest   |   Latest post: Mon, 19 Aug 2019, 10:06 AM

 

Technical Buy - GETS (5079)

Author:   |    Publish date:


  • Target Price: RM0.280, RM0.300
  • Last closing price: RM0.240
  • Potential return: 16.6%, 25.0%
  • Support: RM0.225
  • Stop Loss: RM0.200

Possible for upside. GETS is recovering 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 RM0.280 be broken, it may continue to lift price higher to subsequent resistance level of RM0.300.

However, failure to hold on to support level of RM0.225 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 22 Jul 2019

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Labels: GETS

Related Stocks

Chart Stock Name Last Change Volume 
GETS 0.19 +0.005 (2.70%) 1,330,800 

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