AmInvest Research Reports
Stocks on Radar - T7 Global (7228)
AmInvest
Publish date: Fri, 16 Aug 2019, 10:00 AM
AmInvest
0 9,391
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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)
T7 Global rebounded above the RM0.475 mark following the recent retracement. With a healthy RSI, the uptrend may continue towards the short-term target price of RM0.515, followed by RM0.53. Meanwhile, it may continue moving sideways if it dips below RM0.475 in the near term. Support price is then anticipated at RM0.44, whereby traders may exit on a breach to avoid the risk of a further correction.
Trading Call: Buy on further rebound above RM0.475
Target: RM0.515, RM0.53 (time frame: 3-6 weeks)
Exit: RM0.44
Source: AmInvest Research - 16 Aug 2019
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