RAMSSOL GROUP (RAMSSOL | 0236)
Last Price: RM0.83 | Technical Call: BUY
Support 1: RM0.80 | Resistance 1: RM0.95 |
Support 2: RM0.75 | Resistance 2: RM1.00 |
Shariah Compliant: Yes | Sector: 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
Chart | Stock Name | Last | Change | Volume |
---|