Homeritz Corporation jumped and touched the RM1.01 resistance level. With its higher trading volume, coupled with a bullish white candle stick pattern, there is a good chance it will break out and head towards the short-term target price of RM1.05, followed by RM1.10. The downside support is marked at RM0.935. Traders are advised to exit on a breach to avoid further losses.
Trading Call: Buy on breakout RM1.01
Target: RM1.05, RM1.10 (time frame: 2-4 weeks)
Exit: RM0.935
Source: AmInvest Research - 19 Nov 2020
Chart | Stock Name | Last | Change | Volume |
---|
Created by AmInvest | Jul 26, 2024