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AmInvest Research Reports

Author: AmInvest   |   Latest post: Fri, 29 May 2020, 9:58 AM

 

Stocks on Radar - Poh Kong Holdings (5080)

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Poh Kong Holdings has been consolidating sideways during recent sessions, with an immediate resistance price of RM0.535. With a rising RSI, it may soon break RM0.535. If this happens, the short-term target price will be RM0.565 followed by RM0.595. In this case, support is anticipated at RM0.505, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM0.535

Target: RM0.565, RM0.595 (time frame: 3-6 weeks)

Exit: RM0.505

Source: AmInvest Research - 28 Aug 2019

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Labels: POHKONG

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Chart Stock Name Last Change Volume 
POHKONG 0.47 -0.005 (1.05%) 337,000 

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