AmInvest Research Reports

Stock on Radar - KJTS Group

AmInvest
Publish date: Fri, 15 Mar 2024, 11:15 AM
AmInvest
0 9,463
An official blog in I3investor to publish research reports provided by AmInvest research team.

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)

KJTS Group may trend higher after it surged to a new all-time high and closed above the RM0.63 resistance albeit marginally yesterday. With the bullish harami pattern coming off the 20-day EMA, upward momentum is likely picking up. A bullish bias may emerge above the RM0.63 level, with a stop-loss set at RM0.55, below the 20-day EMA. Towards the upside, the near-term resistance level is seen at RM0.70, followed by RM0.75.

Entry : RM0.63–0.64

Target : RM0.70, RM0.75

Exit : RM0.55

Source: AmInvest Research - 15 Mar 2024

Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment