ARB was testing the RM0.47 minor resistance level. With a rising RSI level, there is a possibility it will break above the resistance level and move towards the target price of RM0.53. If it fails to cross above RM0.47 in the immediate term, expect a sideway consolidation movement. Support is anticipated at RM0.44, whereby traders may exit on a breach to avoid the risk of a further correction.
Trading Call: Buy upon breakout above RM0.47
Target: RM0.53 (time frame: 3-6 weeks)
Exit: RM0.44
Source: AmInvest Research - 2 Aug 2019
Chart | Stock Name | Last | Change | Volume |
---|
THEREALDEAL
ARBB(7181) UP-TRENDING PRICES FROM SEPTEMBER TO OCTOBER 22TH 2019
ITS LOWEST WAS
0.30 SEN
THEN 0.34 SEN
THEN 0.365 SEN
THEN 0.375 SEN
NOW LATEST CLOSE IS 0.345 SEN
AHEAD IS WILL BE MASSIVE CASH EARNING COMING IN !!!!!
WITH
1.ARB posts record profit of RM8.6mil in 2Q19
2.ARB seals RM84m per year contract with Cambodian firm
3.Healthy Pipeline with RM1.46Bil Sales Going Forward
4.ARB are still very undervalued stock, an unrevealed GEM!
5.So when to collect ARB shares? I SAY ITS NOW!
NEAR FUTURE IN WHICH STAGE WILL ARBB BE?
NEXT WEEK?
NEXT MONTH?
4 MONTHS FROM NOW?
6 MONTHS FROM NOW?
1 YEAR FROM NOW?
2 YEARS FROM NOW?
3 YEARS FROM NOW?
SMART INVESTOR BUY AND WAIT!
THE ONES WHO ARE FOLLOWERS WILL WAIT AND BUY!
CHOICE IS IN YOUR HAND!
HOW MUCH WILL BE THE PRICE OF ARBB?
0.50 SEN?
RM1.00?
RM1.50 ?
RM5.00 ?
RM10.00?
OR MORE???
MAKE A GUESS!
2019-10-23 16:34