AmInvest Research Reports

Stock on Radar - SNS Network Technology

AmInvest
Publish date: Wed, 12 Jun 2024, 10:31 AM
AmInvest
0 9,032
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)

SNS Network Technology may trend higher after it broke above the RM0.70 resistance with a long positive candle yesterday. As the stock has climbed to a new historical high coupled with its rising EMAs, a bullish outlook can be anticipated here. A bullish bias may emerge above the RM0.70 level, with a stop-loss set at RM0.62, below the 10 Jun low. Towards the upside, the nearterm resistance level is seen at RM0.85, followed by RM0.90.

Entry : RM0.70–0.755

Target : RM0.85, RM0.90

Exit : RM0.62

Source: AmInvest Research - 12 Jun 2024

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

Post a Comment