AmInvest Research Reports

Stock on Radar - Critical Holdings

AmInvest
Publish date: Wed, 08 May 2024, 09:44 AM
AmInvest
0 9,378
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Critical Holdings may trend higher after it broke above the RM0.87 resistance and hit a new all-time high yesterday. In view that the 20-day and 50-day EMAs are starting to turn upwards, additional upside strength may be present in the near term. A bullish bias may emerge above the RM0.87 level with stop-loss set at RM0.80, below the 20-day EMA. Towards the upside, near-term resistance level is seen at RM1.00, followed by RM1.10.

Entry : RM0.87–0.94

Target : RM1.00, RM1.10

Exit : RM0.

Source: AmInvest Research - 8 May 2024

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