AmInvest Research Reports
Stocks on Radar- Mah Sing Group (8583)
AmInvest
Publish date: Fri, 06 Nov 2020, 10:14 AM
AmInvest
0 9,019
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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)
Mah Sing Group rebounded and touched the RM0.98 resistance level. With its RSI indicator trending upwards, coupled with a higher low candle stick pattern, there is a good chance it will break out and head towards the shortterm target price of RM1.02, followed by RM1.07. The downside support is marked at RM0.89. Traders are advised to exit on a breach to avoid further losses.
Trading Call: Buy on breakout RM0.98
Target: RM1.02, RM1.07 (time frame: 2-4 weeks)
Exit: RM0.89
Source: AmInvest Research - 6 Nov 2020
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
banu3119
Earlier mahsing went up to rm 1.40 and now the target price is rm 1.02 or 1.07. So i wanted to know why
2020-11-06 21:58