AmInvest Research Reports
Stocks on Radar - Tecfast Holdings (0084)
AmInvest
Publish date: Thu, 13 Feb 2020, 09:13 AM
AmInvest
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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)
Tecfast Holdings leapt above the resistance price of RM0.535 in the latest session. With an RSI above 50%, a bullish bias may be present above this mark with the target prices of RM0.57 and RM0.61. Support is anticipated at RM0.49, whereby traders may exit on a breach to avoid the risk of a further correction.
Trading Call: Buy on continuation near RM0.535
Target: RM0.57, RM0.61 (time frame: 3-6 weeks)
Exit: RM0.49
Source: AmInvest Research - 13 Feb 2020
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