Highlights

PublicInvest Research

Author: PublicInvest   |   Latest post: Tue, 12 Nov 2019, 9:48 AM

 

Technical Buy - AAX (5238)

Author:   |    Publish date:


  • Target Price: RM0.195, RM0.210
  • Last closing price: RM0.170
  • Potential return: 14.7%, 23.5%
  • Support: RM0.160
  • Stop Loss: RM0.145

Possible for bottom fishing. AAX is showing initial signs of 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 RM0.180 be broken, it may continue to lift price higher to subsequent resistance levels of RM0.195 and RM0.210.

However, failure to hold on to support level of RM0.160 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 22 Oct 2019

Share this
Labels: AAX

Related Stocks

Chart Stock Name Last Change Volume 
AAX 0.175 +0.01 (6.06%) 29,756,500 

  Be the first to like this.
 


 

237  232  526  1293 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 SAPNRG 0.295+0.005 
 ARMADA 0.495+0.015 
 DGB 0.18+0.01 
 HSI-H8F 0.315+0.01 
 TANCO 0.075+0.005 
 AAX 0.175+0.01 
 SAPNRG-WA 0.1350.00 
 VELESTO 0.39+0.005 
 HSI-C7J 0.15-0.01 
 RSAWIT 0.17+0.02 

TOP ARTICLES

1. Sapura Energy : Rebuilding Its Empire Weekly GreenTrade$ watchlist
2. Stocks on Radar - Sapura Energy (5218) AmInvest Research Reports
3. THIS IS NOW THE BEST TIME TO DEPLOY MONEY FULLY INTO THE COMING BULL YEAR OF 2020, Calvin Tan Research THE INVESTMENT APPROACH OF CALVIN TAN
4. The Opium wars (How Hong Kong Began) - Koon Yew Yin Koon Yew Yin's Blog
5. LKL International Berhad - The Hidden Star in the Healthcare Sector LKL International Berhad
6. ALAM MARITIM (5115) Bull Searcher
7. [转贴] 阿里巴巴不缺钱 为何还要在港上市? Good Articles to Share
8. [转贴] [PESTECH INTERNATIONAL BHD:订单额达16.3亿令吉,并对本地及海外的进一步业务发展抱有积极的期望;决定着手参与了2019年8月19日提交的大规模太阳能3项目的招标] - James的股票投资James Share Investing James的股票投资James Share Investing
Partners & Brokers