AmInvest Research Reports

Stock on Radar - WENTEL ENGINEERING HOLDINGS (WENTEL)

AmInvest
Publish date: Fri, 20 Jun 2025, 10:47 AM
AmInvest
0 9,828
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)
Following Message

WENTEL ENGINEERING HOLDINGS (WENTEL | 0298)

Last Price: RM0.295 | Technical Call: BUY

Technical chart: WENTEL

Support 1: RM0.29Resistance 1: RM0.32
Support 2: RM0.275Resistance 2: RM0.35
Shariah Compliant: YesSector: Industrial

Wentel Engineering broke out of its 1-month bullish falling wedge pattern with a long bullish candle two sessions ago, implying that the previous uptrend may have resumed. As the 20-day and 50-day EMAs have maintained their bullish crossover since mid-May, additional strength may be present in the coming sessions. A bullish bias may emerge above the RM0.29 level, with a stop-loss set at RM0.27, below the 50-day EMA. On the upside, near-term resistance is seen at RM0.32, followed by RM0.35.

Entry: RM0.29-0.295

Target: RM0.32, RM0.35

Exit: RM0.27

Source: AmInvest Research - 20 Jun 2025

WENTEL (0298)
Related Stocks
ChartStockLastChangeVolume
WENTEL 0.295 -0.01 (3.28%) 3,494,800
Market Buzz
More articles on AmInvest Research Reports
ESG - POWER - Getting Grid-dy

Jul 08, 2025

Explore the growing green electricity trading in Asean, highlighting key projects and companies like Sembcorp and Tenaga Nasional, with insights on market sentiment and recommendations.

Stock on Radar - 99 SPEED MART RETAIL HOLDINGS (99SMART)

Jul 08, 2025

IOI CORPORATION - 5% SST on PKO may hit margins

Jul 07, 2025

Research report on IOI Holdings with a HOLD recommendation and target price of RM4.05/share, highlighting production forecasts and market challenges.

Stock on Radar - PRESS METAL ALUMINIUM HOLDINGS (PMETAL)

Jul 07, 2025

AmInvest Daily Market Snapshot - 07 July 2025

Jul 07, 2025

Stay updated with the latest market summary, including US tariffs, forex rates, and fixed income trends. Key insights on Malaysia's economic outlook and global commodity prices.

AmInvest Daily Market Snapshot - 04 July 2025

Jul 04, 2025

US economic data shows positive trends with rising nonfarm payrolls and ISM services, while the DXY strengthens and gold prices decline amid a robust equity market.

AmInvest Daily Market Snapshot - 04 July 2025

Jul 04, 2025

Explore the latest market summary highlighting US economic resilience, forex trends, fixed income developments, and commodity price movements, reflecting a cautiously optimistic sentiment.

Stock on Radar - Greatech Technology (GREATEC)

Jul 04, 2025

TENAGA NASIONAL - IRB wins tax appeal

Jul 03, 2025

The IRB's appeal victory against Tenaga Nasional (TNB) significantly impacts its financial outlook, reducing net profit and affecting dividend payments. HOLD recommendation with a target price of RM14.18.

Stock on Radar - KAWAN RENERGY (KENERGY)

Jul 03, 2025

Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment