AmInvest Research Reports
Stock on Radar - 99 Speed Mart Retail (99SMART)
AmInvest
Publish date: Mon, 09 Dec 2024, 09:38 AM
AmInvest
0 9,443
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)
99 Speed Mart Retail (99SMART | 5326)
Last Price: RM2.61 | Technical Call: BUY
| Support 1: RM2.54 | Resistance 1: RM2.80 |
| Support 2: RM2.40 | Resistance 2: RM3.00 |
| Shariah Compliant: No | Sector: Consumer |
99 Speed Mart Retail posted 3 positive candles in a row and hit a new all-time high on Friday, likely indicating the return of buying interest. The stock's move above the RM2.54 resistance also coincides with its rising EMAs, indicating that a bullish outlook can be anticipated here. A bullish bias may emerge above the RM2.54 level with stop-loss set at RM2.38, below the 20-day EMA. Towards the upside, near-term resistance level is seen at RM2.80, followed by RM3.00.
Entry: RM2.54-2.61
Target: RM2.80, RM3.00
Exit: RM2.38
Source: AmInvest Research - 9 Dec 2024
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on AmInvest Research Reports
Banking - 3Q24 earnings review: modest income growth with a stable NIM
Created by AmInvest | Dec 11, 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
2024-12-12 16:15:00
EMA 5
5 Mins
SELL
2024-12-12 16:10:00
ADX
5 Mins
SELL
2024-12-12 15:55:00
EMA 5
5 Mins
BUY
2024-12-12 15:50:00
ADX
5 Mins
BUY
2024-12-12 14:30:00
ADX
10 Mins
SELL
Apps
Top Articles
1
3
4
Stock Market Enthusiast
GLOVE SECTOR Rebound: What the Charts Tells Us About TOPGLOV, KOSSAN and SUPERMAX
5
Good Articles to Share
Russia close to achieving goals in Ukraine war, Putin's spy chief says
6
RHB Investment Research Reports
7
Good Articles to Share
Suspect in killing of UnitedHealth CEO charged with murder | REUTERS
8
Good Articles to Share
#
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....
