AmInvest Research Reports
Stocks on Radar - Poh Huat Resources Holdings (7088)
AmInvest
Publish date: Thu, 10 Oct 2019, 08:46 AM
AmInvest
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All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to: https://www.aminvest.com/eng/Pages/home.aspx
Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210
Email: enquiries@aminvest.com
Office Hours
Monday to Thursday: 8:45am – 5:45pm
Friday: 8:45am – 5:00pm
(GMT +08:00 Malaysia)
Poh Huat Resources Holdings has been range-bound during recent sessions. Higher trading volume was recorded in the latest session. With the momentum indicator RSI above 50%, there is a possibility it will break the resistance price of RM1.57, and move towards target prices of RM1.64 and RM1.70. Meanwhile, the immediate support is anticipated at RM1.51, whereby traders may exit on a breach to avoid the risk of a further consolidation. Trading Call: Buy upon breakout above RM1.57
Target: RM1.64, RM1.70 (time frame: 3-6 weeks)
Exit: RM1.51
Source: AmInvest Research - 10 Oct 2019
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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....
cherry88
exit now
2019-10-17 14:24