AmInvest Research Reports
Stocks on Radar - Samchem Holdings (5147)
AmInvest
Publish date: Fri, 03 Jan 2020, 09:45 AM
AmInvest
0 9,388
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)
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)
Samchem Holdings printed a long white candle to test the RM0.71 resistance in its latest session. With the momentum indicator RSI above 50%, there is a possibility it will break above the resistance price and move towards the target prices of RM0.75 and RM0.80. The immediate support is anticipated at RM0.66, whereby traders may exit on a breach to avoid the risk of a further consolidation.
Trading Call: Buy upon breakout above RM0.71
Target: RM0.75, RM0.80 (time frame: 3-6 weeks)
Exit: RM0.66
Source: AmInvest Research - 3 Jan 2020
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
Market Buzz
12.20%More articles on AmInvest Research Reports
ALLIANZ MALAYSIA - Slower new business value and CSM growth for life business
Created by AmInvest | Nov 25, 2024
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-11-26 11:30:00
EMA 5
10 Mins
BUY
2024-11-26 11:30:00
ADX
10 Mins
BUY
2024-11-26 09:10:00
ADX
10 Mins
SELL
Apps
Top Articles
2
save malaysia!
3
4
5
6
7
Koon Yew Yin's Blog
8
Good Articles to Share
Le Pen makes new threat to withdraw support for French government
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
