Highlights

UOB Kay Hian Research Articles

Author: UOBKayHian   |   Latest post: Thu, 18 Oct 2018, 1:08 PM

 

Traders' Corner - Pestech International (PEST MK)

Author:   |    Publish date:


  • Technical BUY with +17.6% potential return
  • Last price: RM1.59
  • Target price: RM1.78, RM1.87
  • Support: RM1.50
  • Stop-loss: RM1.49

BUY with a target price of RM1.87 and stoploss at RM1.49. Currently, share price is consolidating within the immediate support of RM1.50 before yesterday’s positive closing above the BBI sets a new tone for the short-term outlook. We expect PEST to continue to make higher highs and higher lows towards our target. A bullish bias has been established following an uptick in the DMI and MACD.

Expected Timeframe: 2 weeks to 2 months.

Source: UOB Kay Hian Research - 3 Aug 2018

Share this
Labels: PESTECH

Related Stocks

Chart Stock Name Last Change Volume 
PESTECH 1.06 -0.01 (0.93%) 787,100 

 

299  359  495  758 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 VC-PA 0.0750.00 
 LAMBO 0.07+0.005 
 LAMBO-WB 0.010.00 
 IMPIANA 0.045+0.005 
 HSI-C5G 0.16-0.025 
 EKOVEST 0.835+0.005 
 VC 0.305+0.02 
 HSI-H6G 0.305+0.07 
 PWORTH 0.07+0.005 
 EKOVEST-WB 0.345+0.005 
Partners & Brokers