Target Price RM0.330, RM0.365
Last closing price RM0.310
Potential return 6.4%, 17.7%
Support RM0.280
Stop Loss RM0.260
Possible for bottom fishing. RGTECH is showing signs of recovery from its consolidation phase. Improving RSI and MACD indicators currently signal reasonable entry level, with anticipation that continuous improvement in both momentum and trend in near term. Should resistance level of RM0.330 be broken, it may continue to lift price higher to subsequent resistance level of RM0.365. However, failure to hold on to support level of RM0.280 may indicate weakness in the share price and hence, a cut-loss signal.
Source: PublicInvest Research - 13 Nov 2018
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Created by PublicInvest | Nov 26, 2024
strong_sink
hahahaha technical buy and then panic sell hahahaha
2018-11-13 10:29