FPGROUP

Sector: Industrial Products / Test Socket

Analyzed on 28/7/2021

FPGROUP is a precision engineering company producing mainly stiffener and test socket use for testing of semiconductor components. Its quarterly earnings weren’t consistent, hence led to its share price to drop to a low of RM0.705 after hovering around RM1 last year. However recently, the share price of FPGROUP has found some traction, growing steadily in an uptrend pattern, which turned its EMA25/50 to trend upwards as well. We see its uptrend trendline (red line) and EMA25/50 are its support level, if share price doesn’t drop below them, the uptrend is still intact.

Lastly, did you notice its uptrend pattern is quite similar to AEMULUS’s pattern since May 2021?  Can FPGROUP have a bull run too? Let’s find out soon…

--------------------------------------------------------
Follow our FB and telegram channel for more investing and trading analysis. Share it out to your friends and family!

 TELEGRAM ：https://t.me/nottinvest

 FB PAGE ：https://fb.com/NottInvest

--------------------------------------------------------

Cheers
NOTT INVEST 

Disclaimer: 

This content by NOTT INVEST, is in no way a solicitation or offer to buy or sell securities or investment advisory services. 

Readers should always seek the advice of an appropriately qualified professional and perform due diligence before making any investment decisions. 

We shall not be liable for any errors or inaccuracies, regardless of cause.