AmInvest Research Reports
Stock on Radar - Sarawak Oil Palms (SOP)
AmInvest
Publish date: Mon, 04 Nov 2024, 11:09 AM
AmInvest
0 9,480
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)
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)
Sarawak Oil Palms (SOP | 5126)
Last Price: RM3.27 | Technical Call: BUY
| Support 1: RM3.20 | Resistance 1: RM3.50 |
| Support 2: RM3.00 | Resistance 2: RM3.70 |
| Shariah Compliant: Yes | Sector: Plantation |
Sarawak Oil Palms may trend higher after it formed a long positive candle and hit a new 52-week high on Friday. The stock's move above the key RM3.20 resistance coupled with its rising EMAs, indicates that the near term bullish trend may persist. A bullish bias may emerge above the RM3.20 level with stop-loss set at RM2.98, below the 50-day EMA. Towards the upside, near- term resistance level is seen at RM3.50, followed by RM3.70.
Entry: RM3.20-3.27
Target: RM3.50, RM3.70
Exit: RM2.98
Source: AmInvest Research - 4 Nov 2024
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on AmInvest Research Reports
KIM LOONG Resources - Higher milling and plantation profit margins
Created by AmInvest | Dec 31, 2024
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-12-31 16:00:00
EMA 5
5 Mins
SELL
2024-12-31 16:00:00
MACD/RSI
5 Mins
SELL
2024-12-31 15:35:00
EMA 5
5 Mins
BUY
2024-12-31 14:55:00
EMA 5
5 Mins
SELL
2024-12-31 14:50:00
EMA 5
5 Mins
BUY
Apps
Top Articles
1
2
3
4
5
M+ Online Research Articles
6
Stock Pick Contest Year 2024
7
8
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
