AmInvest Research Reports
Stock on Radar - Notion VTec
AmInvest
Publish date: Thu, 30 May 2024, 10:19 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)
Notion VTec may rise higher after recouping the previous session’s losses and pushed higher from its RM1.16 low yesterday. With the stock trading at its multi-year high coupled with rising EMAs, it may see additional strength in the near term. A bullish bias may emerge above the RM1.25 level with stop-loss set at RM1.14, below the 29 May low. Towards the upside, near-term resistance level is seen at RM1.45, followed by RM1.50.
Entry : RM1.25–1.31
Target : RM1.45, RM1.50
Exit : RM1.14
Source: AmInvest Research - 30 May 2024
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