AmInvest Research Reports
Stock on Radar - MMS Ventures (0113)
AmInvest
Publish date: Wed, 05 Feb 2020, 09:01 AM
AmInvest
0 9,057
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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 shot up and formed a long white candle in its lastest session. With an RSI level above 50%, it may continue to climb above the resistance price of RM0.825. If this happens, its short-term target price will be RM0.875 followed by RM0.92. Support is anticipated at RM0.775, whereby traders may exit on a breach to avoid the risk of a further correction. Trading Call: Buy upon breakout above RM0.825
Target: RM0.875, RM0.92 (time frame: 3-6 weeks) Exit: RM0.775
Source: AmInvest Research - 5 Feb 2020
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