AmInvest Research Reports

Technical Analysis - IHH Healthcare

AmInvest
Publish date: Thu, 20 Sep 2018, 09:01 AM
AmInvest
0 9,058
An official blog in I3investor to publish research reports provided by AmInvest research team.

All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to: https://www.aminvest.com/eng/Pages/home.aspx

Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210
Email: enquiries@aminvest.com

Office Hours
Monday to Thursday: 8:45am – 5:45pm
Friday: 8:45am – 5:00pm
(GMT +08:00 Malaysia)

IHH Healthcare formed a piercing line candle pattern in its latest session. It may experience a technical rebound upon successful recovery above the RM5.27 level with a target price of RM5.67, followed by RM6.03. Meanwhile, it may drift sideways if it fails to cross the RM5.27 mark in the near term. In this case, support is anticipated at RM4.96, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on technical rebound above RM5.27

Target: RM5.67, RM6.03 (time frame: 3-6 weeks)

Exit: RM4.96

Source: AmInvest Research - 20 Sept 2018

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment