AmInvest Research Reports
Stock on Radar - Hume Cement Industries
AmInvest
Publish date: Fri, 05 Jan 2024, 10:14 AM
AmInvest
0 9,378
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)
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)
Hume Cement Industries’ may rise higher after hit its new 52-week high with a long white candle yesterday. Given that the stock has also broken out from a 1-month bullish ascending triangle pattern, we expect further upside from here. A bullish bias may emerge above the RM2.30 level, with stop-loss set at RM2.08, below the 50-day EMA. Towards the upside, near-term resistance level is seen at RM2.60, followed by RM2.80.
Entry : RM2.30–2.46
Target : RM2.60, RM2.80
Exit : RM2.08
Source: AmInvest Research - 5 Jan 2024
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on AmInvest Research Reports
Petronas Chemicals - Closing in to floor on multi-year low foreign holdings
Created by AmInvest | Nov 21, 2024
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
2
Good Articles to Share
3
4
Koon Yew Yin's Blog
Why all plantation companies will continue to report more profit - Koon Yew Yin
5
AmInvest Research Reports
6
7
save malaysia!
8
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
