AGX Group (AGX | 0299)
Last Price: RM0.615 | Technical Call: BUY
Support 1: RM0.60 | Resistance 1: RM0.70 |
Support 2: RM0.54 | Resistance 2: RM0.75 |
Shariah Compliant: Yes | Sector: Transportation |
AGX Group may trend higher after it recovered above the RM0.60 psychological mark with a long positive candle yesterday.
With the stock pushing 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 RM0.60 level with stop-loss set at RM0.53, below the 50-day EMA. Towards the upside, near-term resistance level is seen at RM0.70, followed by RM0.75.
Entry: RM0.60-0.615
Target: RM0.70, RM0.75
Exit: RM0.53
Source: AmInvest Research - 21 Nov 2024
Chart | Stock Name | Last | Change | Volume |
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Created by AmInvest | Nov 21, 2024