AmInvest Research Reports

Stocks on Radar - Rohas Tecnic (9741)

AmInvest
Publish date: Thu, 21 Mar 2019, 09:42 AM
AmInvest
0 9,391
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)

Rohas Tecnic was testing the RM0.66 resistance level in its latest session, With a moderate RSI level, it may move higher above this mark with a target price of RM0.75. Meanwhile, it may continue to drift sideways if it fails to cross the RM0.66 mark in the near term. In this case, support is anticipated at RM0.61, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on technical rebound above RM0.66

Target: RM0.75 (time frame: 3-6 weeks)

Exit: RM0.61

Source: AmInvest Research - 21 Mar 2019

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

Post a Comment