AmInvest Research Reports
Stocks on Radar - Can-One (5105)
AmInvest
Publish date: Fri, 15 Mar 2019, 09:20 AM
AmInvest
0 9,057
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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)
Can-One breached the RM2.84 level in its latest level. With a rising RSI level, it may move higher above this mark with a target price of RM3.07, followed by RM3.25. Meanwhile, it may drift sideways if it dips back below the RM2.84 mark in the near term. In this case, support is anticipated at RM2.61, whereby traders may exit on a breach to avoid the risk of a further correction.
Trading Call: Buy on uptrend continuation above RM2.84
Target: RM3.07, RM3.25 (time frame: 3-6 weeks)
Exit: RM2.61
Source: AmInvest Research - 15 Mar 2019
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