PublicInvest Research
Technical Buy - TECHBASE (8966)
PublicInvest
Publish date: Fri, 19 Apr 2024, 10:32 AM
PublicInvest
0 11,315
An official blog in I3investor to publish research reports provided by PublicInvest Research team.
All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp
PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718
All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp
PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718
- Target Price RM0.225, RM0.250
- Last closing price: RM0.200
- Potential return: 12.5%, 25.0%
- Support: RM0.195
- Stop Loss: RM0.175
Possible for chart pattern breakout. TECHBASE is potentially staging abreakout from its descending triangle pattern, with anticipation of continuousimprovement in both momentum and trend in the near term. Should immediateresistance level of RM0.225 be broken with renewed buying interest, it maycontinue to lift price higher to subsequent resistance level of RM0.250.
However, failure to hold on to support level of RM0.195 may indicate weakness in the share price and hence, a cut-loss signal.
Source: PublicInvest Research - 19 Apr 2024
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
Market Buzz
More articles on PublicInvest Research
Mega First Corporation - Cushion Against the Impact of FX Losses
Created by PublicInvest | Nov 22, 2024
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-11-22 10:30:00
ADX
30 Mins
SELL
2024-11-22 10:30:00
ADX
10 Mins
SELL
2024-11-22 10:30:00
MACD/RSI
10 Mins
SELL
2024-11-22 09:10:00
EMA 5
10 Mins
SELL
Apps
Top Articles
1
2
3
Good Articles to Share
A 30-Year Expert Trader’s HONEST Confession - Ziet Invests
4
6
7
Koon Yew Yin's Blog
8
BFM Podcast
#
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....
