STOCKWATCH (27/4) :
- Current Price : RM2.42
WARRANT : SUPERMX-C84 )
Target Price: TP1: 0.35 sen - TP2 0.55
- Exercise Value 1.7
- Exercise Ratio 4:1
- Premium 0.13
- Premium 5.22%
- Gearing 2.71
- Maturity 30 Nov, 2020 (7 month)
- Issuer Maybank Investment Bank Berhad
- New entry price (EP) or add (2.42 - 2.45). Add and hold. Last batch entry price (EP) only below 2.45 line.
- 2.42 piled. Price moved 2.43-2.45 to pile more core. Stock will go higher if 2.49 channel break and turn as core support.
- Play range need at 2.51 - 2.53 stable.
- 2.51 - 2.53 as 2nd pile and once succesfully piled. The price will test higher RM2.57
- Immediate target price (IMDTP) at RM2.80 (By this week)
- Supermx-C84: the target should be TP1 : 0.35 and TP2 0.55 cents.
Today's gloves day. 3 million infection will hit by today Death tolls already surpassed 200k. Gloves will surge in more demand over the world. We will see the news repeat again such as :
Gloves Maker will rises to new record high as Covid-19 global death toll tops and surpassed 200,000 with 3 millions infected inline today!
DISCLAIMER : This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock.