PublicInvest Research
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Publish date: Wed, 08 Mar 2017, 09:59 AM
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An official blog in I3investor to publish research reports provided by PublicInvest Research team.
All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp
PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718
All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp
PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718
- (Previous) Target price RM1.13
- (New) Target price RM1.22, RM1.35
- Last closing price RM1.17
- Potential return 4.2%, 15.3%
- Support RM1.13
- Stop loss RM1.10
Possible for uptrend continuation. With reference to the Technical note published on 14th February 2017, target price previously set was achieved and hence a proportion of holding is recommended to be sold in order to realize some profit. Nevertheless, the balance should be kept to ride along with the improving momentum towards resistance levels of RM1.22 and RM1.35. However, failure to hold at support level of RM1.13 may indicate weakness in the share price and hence, a cut-loss signal
Source: PublicInvest Research - 8 Mar 2017
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
zeeroy
Up sikit sikit then ask take profit :)
2017-03-08 10:47