AmInvest Research Reports

Stock on Radar - HSS Engineers

AmInvest
Publish date: Wed, 27 Sep 2023, 09:34 AM
AmInvest
0 9,374
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: https://www.aminvest.com/eng/Pages/home.aspx

Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210
Email: enquiries@aminvest.com

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

HSS Engineers broke out from a 2-week bullish pennant pattern yesterday, implying that its previous uptrend may have resumed. The stock also posted 2 white candles in a row and hit a new multi-year high, likely suggesting that upward momentum is picking up further. A bullish bias may emerge above the RM0.77 level, with stop-loss set at RM0.69, below the 20-day EMA. Towards the upside, near-term resistance level is seen at RM0.90, followed by RM1.00.

Entry : RM0.77–0.805

Target : RM0.90, RM1.00

Exit : RM0.69

Source: AmInvest Research - 27 Sept 2023

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

Post a Comment