Tune Protect has been range-bound during recent sessions. With the momentum indicator RSI crossing above 50%, there is a possibility it will break above the RM0.695 resistance level, and move towards a target price of RM0.73. Meanwhile, the immediate support is anticipated at RM0.655, whereby traders may exit on a breach to avoid the risk of a further correction.
Trading Call: Buy on favourable consolidation above RM0.695
Target: RM0.73 (time frame: 3-6 weeks)
Exit: RM0.655
Source: AmInvest Research - 8 Apr 2019
Chart | Stock Name | Last | Change | Volume |
---|
Created by AmInvest | Nov 25, 2024