AmInvest Research Reports

Stocks on Radar - Sealink International (5145)

AmInvest
Publish date: Tue, 09 Apr 2019, 08:58 AM
AmInvest
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Sealink International shot up and formed a long white candle in its lastest session. With an RSI level above 60%, it may continue to climb above the resistance price of RM0.24. If this happens, its short-term target price will be RM0.275 followed by RM0.31. Support price is anticipated at RM0.205, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on uptrend continuation above RM0.24

Target: RM0.275, RM0.31 (time frame: 2-4 weeks)

Exit: RM0.205

Source: AmInvest Research - 9 Apr 2019

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