PublicInvest Research
Technical Buy: PWORTH (7123)
PublicInvest
Publish date: Tue, 16 Jan 2018, 10:50 AM
PublicInvest
0 11,251
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
- Target Price: RM0.330, RM0.355
- Last closing price: RM0.305
- Potential return: 8.1%, 16.3%
- Support: RM0.290
- Stop Loss: RM0.265
Possible for further upside. PWORTH continued to ride on prior uptrend yesterday following a minor pullback last week. On a weekly basis, bullish RSI and MACD indicators signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in near term. Should RM0.305 resistance level be broken, it may continue to lift price higher to the next resistance levels of RM0.330 and RM0.355.
However, failure to hold on to support level of RM0.290 may indicate weakness in the share price and hence, a cut-loss signal.
Source: PublicInvest Research - 16 Jan 2018
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Be the first to like this. Showing 2 of 2 comments
Pworth is Not worth.
Look at THHEAVY IS EVEN WORTH:
https://klse.i3investor.com/blogs/thheavy/144442.jsp
2018-01-16 14:23
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