NWP Holdings rose and touched the RM0.27 resistance level. With its 21-day moving average moving 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 RM0.285, followed by RM0.295. The downside support is marked at RM0.25. Traders are advised to exit on a breach to avoid further losses.
Trading Call: Buy near RM0.27
Target: RM0.285, RM0.295 (time frame: 2-4 weeks)
Exit: RM0.25
Source: AmInvest Research - 5 Oct 2021
Chart | Stock Name | Last | Change | Volume |
---|
Created by AmInvest | Nov 25, 2024
Created by AmInvest | Nov 21, 2024