AmInvest Research Reports
Stocks on Radar - Nova MSC (0026)
AmInvest
Publish date: Wed, 03 Apr 2019, 09:43 AM
AmInvest
0 9,463
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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)
Nova Group was testing the RM0.135 level in its latest session. With a healthy RSI level, it may move higher above this mark with a target price of RM0.15, followed by RM0.17. Meanwhile, it may continue to drift sideways if it fails to cross the RM0.135 mark in the near term. Meanwhile, support is anticipated at RM0.115, whereby traders may exit on a breach to avoid the risk of a further correction.
Trading Call: Buy on favourable consolidation above RM0.135
Target: RM0.15, RM0.17 (time frame: 3-6 weeks)
Exit: RM0.115
Source: AmInvest Research - 3 Apr 2019
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
traderfiq
sideway?
2019-04-08 11:24