AmInvest Research Reports
Stocks on Radar - Notion VTEC (0083)
AmInvest
Publish date: Tue, 03 Mar 2020, 09:03 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)
Notion VTEC climbed above the resistance level of RM1.02. Note that the RSI has reached the oversold region, indicating there could be a technical rebound towards the short-term target prices of RM1.12 and RM1.16. In this case, the downside 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 RM1.02
Target: RM1.12, RM1.16 (time frame: 3-6 weeks)
Exit: RM0.945
Source: AmInvest Research - 3 Mar 2020
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