Stock in View – Fast Energy Holdings Bhd

Publish date: Tue, 21 Mar 2023, 10:55 AM

Our indicator noted a double “OVERSOLD” signal for FAST (0084) over the past 3 trading weeks. In fact, the company’s share price is in small consolidation mode between the range of RM0.125 to RM0.150, which are the key support & resistance points of the company respectively. Nevertheless, we see increase in volume for the past 2 trading days, and this is expected to fuel an attempt in breakthrough towards the key resistance level of RM0.150.

Support: RM0.125, RM0.130

Resistance: RM0.150, RM0.175

TP: RM0.150 (+15.38% upside)

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