AmInvest Research Reports

Stocks on Radar - SDS Group

Publish date: Wed, 28 Sep 2022, 10:14 AM
0 7,288
An official blog in I3investor to publish research reports provided by AmInvest research team.

All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to:

Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210

Office Hours
Monday to Thursday: 8:45am – 5:45pm
Friday: 8:45am – 5:00pm
(GMT +08:00 Malaysia)

SDS Group’s buying momentum is back after it broke out of the 3-week bullish flag pattern with a long white candle yesterday. With the stock cracking above the RM0.60 psychological mark and pushing near its 52-week high, a positive outlook can be expected here. A bullish bias may emerge above the RM0.60 level, with a stop-loss set at RM0.55, below the 20-day EMA. Towards the upside, the near-term resistance level is seen at RM0.65, followed by RM0.70.

Entry : RM0.60–0.615

Target : RM0.65, RM0.70

Exit : RM0.55


Source: AmInvest Research - 28 Sept 2022

Related Stocks
Be the first to like this. Showing 0 of 0 comments

Post a Comment