AmInvest Research Reports

Stocks on Radar - Dayang Enterprise Holdings (5141)

AmInvest
Publish date: Tue, 10 Sep 2019, 11:17 AM
AmInvest
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Dayang Enterprise Holdings has been range-bound during recent sessions. Higher trading volume was recorded in the latest session. With the momentum indicator RSI above 50%, there is a possibility it will break above the resistance price of RM1.50, and move towards the target prices of RM1.61 and RM1.71. The immediate support is anticipated at RM1.40, whereby traders may exit on a breach to avoid the risk of a further consolidation.

Trading Call: Buy upon breakout above RM1.50

Target: RM1.61, RM1.71 (time frame: 3-6 weeks)

Exit: RM1.40

Source: AmInvest Research - 10 Sept 2019

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Be the first to like this. Showing 2 of 2 comments

calvintaneng

Post removed.Why?

2019-09-11 15:30

Edwardong53

Calvintaneng, based on your write-up I bought talamt (RM0.145) and asiapac (@ RM0.16) previous months ago when Msian Govt announced the revival of HSL but till now these two have not yet moved. Anyway, would be pleased if you could give one CHUN CHUN BUY CALL which has potential upside in 2weeks to 1 month for me to recover my losses. Thanks

2019-09-11 22:27

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