AmInvest Research Reports

Stocks on Radar - Cepatwawasan Group (8982)

AmInvest
Publish date: Mon, 30 Dec 2019, 09:40 AM
AmInvest
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Cepatwawasan Group tested the RM0.695 level during its itraday high. With RSI level above 60%, it may move higher above this mark with a target price of RM0.74, followed byRM0.78. Meanwhile, it may continue to drift sideways if it falls back below the RM0.695 mark in the near term. In this case, support is anticipated at RM0.63, whereby traders may exit on a breach to avoid the risk of a further correction. Trading Call: Buy upon breakout above RM0.695Target: RM0.74, RM0.78 (time frame: 3-6 weeks) Exit: RM0.63

Source: AmInvest Research - 30 Dec 2019

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