AmInvest Research Reports

Stocks on Radar - TCS Group Holdings (0221)

AmInvest
Publish date: Wed, 08 Sep 2021, 08:41 AM
AmInvest
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TCS Group Holdings (0221) TCS Group Holdings jumped and touched the RM0.47 resistance level. With its RSI indicator pointing upward, coupled with a higher trading volume, there is a good chance that it would experience a technical breakout and head towards the short-term target price of RM0.495, followed by RM0.515. The downside support is marked at RM0.425. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy near RM0.47

Target: RM0.495, RM0.515 (time frame: 2-4 weeks)

Exit: RM0.425
 

Source: AmInvest Research - 8 Sept 2021

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