AmInvest Research Reports

Stock on Radar - RAMSSOL GROUP (RAMSSOL)

AmInvest
Publish date: Fri, 07 Feb 2025, 09:16 AM
AmInvest
0 9,553
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)

RAMSSOL GROUP (RAMSSOL | 0236)

Last Price: RM0.83 | Technical Call: BUY

Support 1: RM0.80Resistance 1: RM0.95
Support 2: RM0.75Resistance 2: RM1.00
Shariah Compliant: YesSector: Technology

Ramssol Group may rise further after forming a long positive candle and reaching a new 52-week high a few sessions ago. Since the stock has also broken out of a 1-week bullish flag pattern, its previous uptrend may now be resuming. A bullish bias may emerge above the RM0.80 level with stop-loss set at RM0.74, below the 50-day EMA. Towards the upside, near-term resistance level is seen at RM0.95, followed by RM1.00.

Entry: RM0.80-0.83

Target: RM0.95, RM1.00

Exit: RM0.74

Source: AmInvest Research - 7 Feb 2025

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

Post a Comment