AmInvest Research Reports
Stock on Radar - QL Resources (QL)
AmInvest
Publish date: Fri, 04 Oct 2024, 09:18 AM
AmInvest
0 9,368
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)
QL Resources (QL | 7084)
Last Price: RM4.71 | Technical Call: BUY
| Support 1: RM4.60 | Resistance 1: RM5.00 |
| Support 2: RM4.50 | Resistance 2: RM5.20 |
| Shariah Compliant: Yes | Sector: Consumer |
We believe the buying interest for QL Resources is back after it pushed out from the 2-week bullish flag pattern yesterday. With the stock surging near its all-time high, supported by its rising EMAs, likely indicates that the upward momentum may be picking up. A bullish bias may emerge above the RM4.60 level with stop-loss set at RM4.48, below the 50-day EMA. Towards the upside, near-term resistance level is seen at RM5.00, followed by RM5.20.
Entry: RM4.60-4.71
Target: RM5.00, RM5.20
Exit: RM4.48
Source: AmInvest Research - 4 Oct 2024
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on AmInvest Research Reports
Banking - Limited sector ROE expansion with moderated earnings growth
Created by AmInvest | Nov 18, 2024
UOA REAL Estate Investment Trust - Lower occupancy rate for Menara UOA Bangsar
Created by AmInvest | Nov 15, 2024
Johor Plantations - Boosted by higher sales volume and lower unit cost
Created by AmInvest | Nov 14, 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
MQ Trading Signals
Time
Signal
Duration
Type
2024-11-18 15:30:00
EMA 5
10 Mins
BUY
2024-11-18 15:25:00
ADX
5 Mins
BUY
2024-11-18 15:20:00
TURTLE SYSTEM 20
5 Mins
BUY
2024-11-18 15:15:00
EMA 5
5 Mins
BUY
2024-11-18 15:10:00
ADX
10 Mins
BUY
Apps
Top Articles
3
save malaysia!
4
5
Good Articles to Share
BlackRock's Rieder: The technicals are 'crazy good' for stocks
6
Good Articles to Share
Germany's Scholz defends call to Putin ahead of snap elections
7
8
Good Articles to Share
Nigeria and India agree deeper ties in maritime security, counter-terrorism
#
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....
