AmInvest Research Reports
Stocks on Radar - Homeritz Corporation (5160)
AmInvest
Publish date: Fri, 20 Sep 2019, 08:37 AM
AmInvest
0 9,057
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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)
Homeritz Corporation rebounded to test the RM0.66 immediate resistance level. With a rising RSI, a bullish bias may be present above this mark with target prices of RM0.70 and RM0.74. The support price is expected at RM0.60, whereby traders may exit on a breach to avoid the risk of a further correction.
Trading Call: Buy upon breakout above RM0.66
Target: RM0.70, RM0.74 (time frame: 3-6 weeks)
Exit: RM0.60
Source: AmInvest Research - 20 Sept 2019
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