AmInvest Research Reports

Stocks on Radar - Elsoft Research (0090)

AmInvest
Publish date: Tue, 24 Sep 2019, 09:12 AM
AmInvest
0 9,386
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)

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

Related Stocks
Discussions
Be the first to like this. Showing 1 of 1 comments

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

Post a Comment