Highlights

AmInvest Research Reports

Author: AmInvest   |   Latest post: Wed, 15 Jul 2020, 9:23 AM

 

Stocks on Radar- Master-Pack Group (7029)

Author:   |    Publish date:


Master-Pack Group surged higher to touch the resistance level RM2.10. With an RSI pointing upwards, and coupled with higher trading volume, we think that it could break out from the immediate resistance. If this happens, it may climb towards the short-term target price of RM2.25 followed by RM2.30. In this case, the downside support is marked at RM1.92, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on breakout RM2.10

Target: RM2.25, RM2.30 (time frame: 2-4 weeks)

Exit: RM1.92

Source: AmInvest Research - 29 May 2020

Share this
Labels: MASTER

Related Stocks

Chart Stock Name Last Change Volume 
MASTER 1.82 +0.01 (0.55%) 431,700 

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Earn MQ Points while trading with MQ Traders Group
MQ Affiliate
Earn side income from MQ Affiliate Program
 
 

492  452  494  519 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 PDZ 0.16-0.01 
 XOX 0.10+0.04 
 MQTECH 0.115+0.03 
 PERMAJU-PR 0.010.00 
 TRIVE 0.010.00 
 JCY 0.48+0.075 
 RL 0.515-0.135 
 AT 0.075-0.01 
 FINTEC 0.0850.00 
 CONNECT 0.20-0.035 

FEATURED POSTS

1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
2. MQ Affiliate – A smarter way to earn more rewards MQ Trader Affiliate Program
3. MQ Affiliate – How to become an effective affiliate MQ Trader Affiliate Program
4. MQ Affiliate – Upgrading to Affiliate Partner MQ Trader Affiliate Program
Partners & Brokers