PublicInvest Research
Technical Buy: SAPNRG (5218)
PublicInvest
Publish date: Fri, 14 Sep 2018, 09:42 AM
PublicInvest
0 11,294
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: RM0.500, RM0.550
- Last closing price: RM0.445
- Potential return: 12.3%, 23.5%
- Support: RM0.390
- Stop Loss: RM0.355
Possible for upside. SAPNRG is recovering from its sharp drop in share price. Improving RSI and MACD indicators currently signal reasonable entry level, in anticipation of continuous improvement in both momentum and trend in near term. Should resistance level of RM0.500 be broken, it may continue to lift price higher to subsequent resistance level of RM0.550.
However, failure to hold on to support level of RM0.390 may indicate weakness in the share price and hence, a cut-loss signal.
Source: PublicInvest Research - 14 Sept 2018
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on PublicInvest Research
Discussions
Be the first to like this. Showing 5 of 5 comments
Morgan Stanley upgrades Malaysia stocks to equalweight | http://www.klsescreener.com/v2/news/view/430020
2018-09-15 00:02
When ppl start talking about the stock.. time to sell
I may be wrong here..
2018-09-15 00:10
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-11-20 16:50:00
ADX
5 Mins
SELL
2024-11-20 16:50:00
TURTLE SYSTEM 20
5 Mins
SELL
2024-11-20 16:20:00
EMA 5
10 Mins
BUY
2024-11-20 16:20:00
ADX
10 Mins
BUY
2024-11-20 16:20:00
OBV
10 Mins
BUY
Apps
Top Articles
1
2
3
save malaysia!
4
5
7
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
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....
michaelwong
Sell!
2018-09-14 15:44