AmInvest Research Reports

Stocks on Radar - GHL Systems (0021)

AmInvest
Publish date: Wed, 11 Sep 2019, 10:20 AM
AmInvest
0 9,391
An official blog in I3investor to publish research reports provided by AmInvest research team.

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)

GHL Systems was testing the RM1.38 level in its latest session. With an RSI level above 50%, it may trend higher above this point with a target price of RM1.47, followed by RM1.56. Meanwhile, it may continue trending sideways if it fails to cross the RM1.38

mark in the near term. Support is then anticipated at RM1.29, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM1.38

Target: RM1.47, RM1.56 (time frame: 3-6 weeks)

Exit: RM1.29

Source: AmInvest Research - 11 Sept 2019

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment