Elsoft Research was testing the RM0.95 level in its latest session. With its RSI level rising above 60%, it may trend higher above this point with a target price of RM1.00, followed by RM1.04. Meanwhile, it may continue trending sideways if it fails to cross the RM0.95 mark in the near term. In this case, support is anticipated at RM0.91, whereby traders may exit on a breach to avoid the risk of a further correction.
Trading Call: Buy upon breakout above RM0.95
Target: RM1.00, RM1.04 (time frame: 3-6 weeks)
Exit: RM0.91
Source: AmInvest Research - 24 Sept 2019
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michaelwong
All IB house are untrustable with different IB house fixing their own TP to achieve their goals with conflicting interests towards the stocks in their respective portfolios and position . Only the dumbed with lacks knowledge of this wolf's in sheep clothing are prone to follow and become the target of their preys to lose big . FK this conman since what they thought, their scope of written stuffs might influence the outcome of the stocks price to their best of believed
2019-09-26 22:14