Nott Invest
RAMSSOL- bouncing within corridor
Nott_Invest
Publish date: Sun, 07 Nov 2021, 11:51 PM
RAMSSOL
Sector: Technology/ Software
Analysed on 07/11/21
RAMSSOL is trading at RM0.865 at the immediate support of EMA 50,neck trendline(blue) and uptrend corridor(red) while facing an immediate resistance of RM0.950.
RAMSSOL has been bouncing within the uptrend corridor and supported well on lower channel line and get rejected several times by the upper channel line. Investors who are interested in RAMSSOL can take EMA50 as the reference for entry point. Remember to always minimize your risk by having adequate safety margin.
Reason to Monitor: Bouncing within uptrend corridor and supported well.
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