PublicInvest Research
Technical Buy - OFB (0312)
PublicInvest
Publish date: Fri, 08 Nov 2024, 09:08 AM
PublicInvest
0 11,264
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: RM0.360, RM0.390
- Last closing price: RM0.340
- Potential return: 5.8%, 14.7%
- Support: RM0.315
- Stop Loss: RM0.295
Possible for sideways breakout. OFB 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 RM0.360 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.390. However, failure to hold on to support level of RM0.315 may indicate weakness in the share price and hence, a cut-loss signal.
Source: PublicInvest Research - 8 Nov 2024
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on PublicInvest Research
Eco World Development Berhad - Acquiring 847.2-acre Land for RM742m
Created by PublicInvest | Nov 08, 2024
Cloudpoint Technology - Riding on Financial Digital Transformation
Created by PublicInvest | Nov 06, 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
2024-11-08 09:00:00
VOLUME BREAKOUT
Hourly
BUY
2024-11-08 09:00:00
VOLUME BREAKOUT
30 Mins
BUY
2024-11-08 09:00:00
TURTLE SYSTEM 20
30 Mins
BUY
2024-11-08 09:00:00
TURTLE SYSTEM 55
30 Mins
BUY
2024-11-08 08:00:00
VOLUME BREAKOUT
Daily
BUY
Apps
Top Articles
2
3
save malaysia!
4
5
Good Articles to Share
Trump win to test limit of presidential power; Harris concedes but vows 'fight'
6
BFM Podcast
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....
