AmInvest Research Reports

Stocks on Radar - SDS Group

Publish date: Mon, 15 Aug 2022, 09:29 AM
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SDS Group may trend higher after it closed above the RM0.42 resistance with a long white candle two sessions ago. The stock also hit its new 52-week high coupled with all of its rising EMAs, additional upside strength may be present in the near term. A bullish bias may emerge above the RM0.42 level, with a stop-loss set at RM0.395, below the 20-day EMA. Towards the upside, the near-term resistance level is seen at RM0.48, followed by RM0.50.

Entry : RM0.42–0.445

Target : RM0.48, RM0.50

Exit : RM0.395


Source: AmInvest Research - 15 Aug 2022

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