AmInvest Research Reports

Stock on Radar - KPJ Healthcare (5878)

AmInvest
Publish date: Thu, 06 Feb 2020, 09:39 AM
AmInvest
0 9,057
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)

KPJ Healthcare 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 RM0.98. If this happens, its short-term target price will be RM1.04 followed by RM1.12. If it closes below RM0.98, expect a sideway movement. Support is anticipated at RM0.945, whereby traders may exit on a breach to avoid the risk of a further correction. Trading Call: Buy near RM0.98

Target: RM1.04, RM1.12 (time frame: 3-6 weeks) Exit: RM0.945

Source: AmInvest Research - 6 Feb 2020

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment