AmInvest Research Reports
Stock on Radar - SNS Network Technology
AmInvest
Publish date: Wed, 12 Jun 2024, 10:31 AM
AmInvest
0 9,359
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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)
SNS Network Technology may trend higher after it broke above the RM0.70 resistance with a long positive candle yesterday. As the stock has climbed to a new historical high coupled with its rising EMAs, a bullish outlook can be anticipated here. A bullish bias may emerge above the RM0.70 level, with a stop-loss set at RM0.62, below the 10 Jun low. Towards the upside, the nearterm resistance level is seen at RM0.85, followed by RM0.90.
Entry : RM0.70–0.755
Target : RM0.85, RM0.90
Exit : RM0.62
Source: AmInvest Research - 12 Jun 2024
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