AmInvest Research Reports
Stocks on Radar - MMS Ventures (0113)
AmInvest
Publish date: Wed, 22 Jan 2020, 09:24 AM
AmInvest
0 9,388
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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)
MMS Ventures has been range-bound during recent sessions with the immediate resistance of RM0.865. With the momentum indicator RSI above 60%, there is a possibility it will break above the resistance price and move towards the target prices of RM0.895 and RM0.93. The immediate support is anticipated at RM0.825, whereby traders may exit on a breach to avoid the risk of a further consolidation. Trading Call: Buy upon breakout above RM0.865
Target: RM0.895, RM0.93 (time frame: 3-6 weeks) Exit: RM0.825
Source: AmInvest Research - 22 Jan 2020
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