AmInvest Research Reports

Stock on Radar - SMRT Holdings (SMRT)

AmInvest
Publish date: Fri, 25 Oct 2024, 03:51 PM
AmInvest
0 9,378
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)

SMRT Holdings (SMRT | 0117)

Last Price: RM1.14 | Technical Call: BUY

Technical chart: SMRT

Support 1: RM1.10Resistance 1: RM1.21
Support 2: RM1.01Resistance 2: RM1.30
Shariah Compliant: YesSector: Technology

SMRT Holdings may rise higher after hit its 1-month high with a long positive candle yesterday. As the 20-day and 50-day EMAs are about to confirm their bullish crossover, the stock looks positive in the near term. A bullish bias may emerge above the RM1.10 level with stop-loss set at RM1.00, below the 30 Sep low. Towards the upside, near-term resistance level is seen at RM1.21, followed by RM1.30.

Entry: RM1.10-1.14

Target: RM1.21, RM1.30

Exit: RM1.00

 

Source: AmInvest Research - 25 Oct 2024

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

Post a Comment