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AmInvest Research Reports

Author: AmInvest   |   Latest post: Tue, 1 Dec 2020, 12:48 PM

 

Stocks on Radar - Notion VTec (0083)

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Notion VTec surged and tested the RM1.23 resistance level. With its RSI indicator pointing upwards, coupled with higher trading volume, we see a possibility for a technical breakout. If this happens, we expect it to move towards the short-term target prices of RM1.32 and RM1.44. The downside support is projected at RM1.14. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy on breakout RM1.23

Target: RM1.32, RM1.44 (time frame: 2-4 weeks)

Exit: RM1.14

Source: AmInvest Research - 21 Oct 2020

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Labels: NOTION

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Chart Stock Name Last Change Volume 
NOTION 0.98 +0.005 (0.51%) 1,734,100 

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