ES Ceramics Technology rose and is poised to test the RM0.415 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 RM0.435, followed by RM0.45. The downside support is marked at RM0.38. Traders are advised to exit on a breach to avoid further losses.
Trading Call: Buy on breakout RM0.415
Target: RM0.435, RM0.45 (time frame: 2-4 weeks)
Exit: RM0.38
Source: AmInvest Research - 8 Feb 2022
Chart | Stock Name | Last | Change | Volume |
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Created by AmInvest | Nov 21, 2024
Fundamental Trader
0181 is AEMULUS, not ESCERAM
ESCERAM IS 0100
2022-02-09 07:23