Highlights

Kenanga Research & Investment

Author: kiasutrader   |   Latest post: Wed, 25 Nov 2020, 10:23 AM

 

Daily technical highlights – (KRETAM, ATAIMS)

Author:   |    Publish date:


KRETAM (Not Rated)

  • KRETAM rose 3.5 sen (+9.72%) to close at RM0.395 yesterday.
  • Chart-wise, yesterday’s bullish “Marubozu” candlestick closed higher on the back of stronger-than-average trading volumes, which prompted the stock to trend above all of its key SMAs.
  • Coupled with upticks from its key momentum indicators, the stock may be poised for more upside.
  • Should the bullish momentum persist, overhead resistance can be seen at RM0.440 (R1) and RM0.475 (R2).
  • Conversely, key support levels are identified at RM0.355 (S1) and RM0.320(S2).

ATAIMS (Not Rated)

  • ATAIMS gained 8.0 sen (+6.56%) to end at RM1.30 yesterday.
  • Chart-wise, the stock began rallying in early June, which sees the stock currently trending steadily above all of its key SMAs.
  • Given the bullish MACD signal and continual upticks from its key momentum indicators, we believe the bullish momentum may persist.
  • From here on, key resistance levels can be found at RM1.50 (R1) and RM1.70 (R2).
  • Conversely, supports are identified at RM1.15 (S1) and RM0.925 (S2).

Source: Kenanga Research - 24 Jun 2020

Share this
Labels: ATAIMS, KRETAM

Related Stocks

Chart Stock Name Last Change Volume 
ATAIMS 2.12 -0.12 (5.36%) 4,375,500 
KRETAM 0.57 0.00 (0.00%) 797,000 

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Perform Technical & Fundamental Analysis on Stocks
MQ Affiliate
Earn rewards by referring your friends
 
 

563  481  588  543 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 EAH 0.03-0.005 
 SAPNRG 0.125+0.01 
 AT 0.17+0.015 
 KGROUP-WC 0.020.00 
 KANGER 0.180.00 
 ARMADA 0.29+0.02 
 KGROUP 0.0550.00 
 VSOLAR 0.0450.00 
 KNM 0.21+0.015 
 HIBISCS 0.62+0.03 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS