Target Price: RM0.160, RM0.175 Last closing price:RM0.145 Potential return:10.3%, 20.6% Support: RM0.135 Stop Loss: RM0.120 Possible for sideways breakout. MQTECH is staging a potential breakout of its sideways channel. Corresponding RSI and MACD indicators remain healthy while trending sideways, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.160 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.175.
However, failure to hold on to support level of RM0.135 may indicate weakness in the share price and hence, a cut-loss signal.
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....
sultank2k2
9 posts
Posted by sultank2k2 > 2021-02-25 11:14 | Report Abuse
Goreng as usual