PublicInvest Research
Technical Buy - TDM (2054)
PublicInvest
Publish date: Wed, 24 Jul 2024, 09:15 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 RM0.265, RM0.280
- Last closing price: RM0.245
- Potential return: 8.1%, 14.2%
- Support: RM0.235
- Stop Loss: RM0.215
§ Possible for sideways breakout. TDM is potentially staging a breakout from its sideways channel, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.265 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.280.
However, failure to hold on to support level of RM0.235 may indicate weakness in the share price and hence, a cut-loss signal.
Source: PublicInvest Research - 24 Jul 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
Apps
Top Articles
1
2
Koon Yew Yin's Blog
CPO price is rising rapidly as shown by chart below - Koon Yew Yin
3
5
save malaysia!
Visa-free travel to China extended for Malaysians to 30 days
6
7
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....
