AWC (AWC | 7579)
Last Price: RM1.06 | Technical Call: BUY
Support 1: RM1.00 | Resistance 1: RM1.20 |
Support 2: RM0.93 | Resistance 2: RM1.30 |
Shariah Compliant: Yes | Sector: Industrial |
AWC may trend higher after it formed a long positive candle and closed above the RM0.97 resistance yesterday. As the 20-day and 50-day EMAs have confirmed their bullish crossover a week ago, the stock looks positive in the near term. A bullish bias may emerge above the RM1.00 level with stop-loss set at RM0.92, below the 20-day EMA. Towards the upside, near-term resistance level is seen at RM1.20, followed by RM1.30.
Entry: RM1.00-1.06
Target: RM1.20, RM1.30
Exit: RM0.92
Source: AmInvest Research - 23 Jan 2025
Chart | Stock Name | Last | Change | Volume |
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Created by AmInvest | Jan 22, 2025
Created by AmInvest | Jan 22, 2025
Created by AmInvest | Jan 22, 2025