Inta Bina Group (INTA | 0192)
Last Price: RM0.53 | Technical Call: BUY
Support 1: RM0.50 | Resistance 1: RM0.57 |
Support 2: RM0.48 | Resistance 2: RM0.60 |
Shariah Compliant: Yes | Sector: Construction |
Inta Bina Group may trend higher after it broke above the RM0.50 resistance and hit a new 52-week high yesterday. As the 20-day and 50-day EMAs have established their bullish crossover 3 weeks ago, the stock looks positive in the near term. A bullish bias may emerge above the RM0.50 level with stop-loss set at RM0.47, below the 20-day EMA. Towards the upside, near-term resistance level is seen at RM0.57, followed by RM0.60.
Entry: RM0.50-0.53
Target: RM0.57, RM0.60
Exit: RM0.47
Source: AmInvest Research - 7 Jan 2025
Chart | Stock Name | Last | Change | Volume |
---|