Stock Of The Day
TRADING BUY: KARYON (0054).
TRADING BUY: KARYON (0054)
Author: PublicInvest |
- Target Price: RM0.230
- Last closing price: RM0.20
- Potential return: 21.0%
- Support: RM0.190
- Stop Loss: RM0.180
Breakout play. Moving sideway for the past one and a half years, KARYON’s share price is now supported above RM0.175 with the presence of gap window. Both bullish RSI and MACD indicators signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in near term. Should RM0.195 resistance level be broken, it may continue to lift price higher to the next resistance level of RM0.205 and RM0.230, eventually.
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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....
