AmInvest Research Reports
Stock on Radar - Vestland’s
AmInvest
Publish date: Wed, 31 Jul 2024, 09:00 AM
AmInvest
0 9,058
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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)
Vestland’s buying interest is back after it broke out of the 2-week bullish flag pattern with a long positive candle yesterday. In conjunction with a bullish hammer pattern formed on 26 Jul and positive slopes of its EMAs, the uptrend may persist in the near term. A bullish bias may emerge above the RM0.48 level with stop-loss set at RM0.45, below the 26 Jul low. Towards the upside, near-term resistance level is seen at RM0.55, followed by RM0.60.
Entry : RM0.48–0.49
Target : RM0.55, RM0.60
Exit : RM0.45
Source: AmInvest Research - 31 Jul 2024
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