Highlights

PublicInvest Research

Author: PublicInvest   |   Latest post: Fri, 22 Jan 2021, 10:40 AM

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
 

Technical Buy- SENDAI (5205)

Author:   |    Publish date:

 

  • Target Price: RM0.330, RM0.345
  • Last closing price: RM0.310
  • Potential return: 6.4%, 11.2%
  • Support: RM0.295
  • Stop Loss: RM0.285

Possible for chart pattern breakout. SENDAI is staging a potential breakout from its current sideways channel. Slightly improved RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in the near term. Should resistance level of RM0.320 be genuinely broken with renewed buying interest, it may continue to lift price higher to subsequent resistance levels of RM0.330 and RM0.345.

However, failure to hold on to support level of RM0.295 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 25 Jun 2020

Share this
Labels: SENDAI

Related Stocks

Chart Stock Name Last Change Volume 
SENDAI 0.255 +0.005 (2.00%) 139,500 

More articles on PublicInvest Research >>


  Like Comment
  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Perform Technical & Fundamental Analysis on Stocks
MQ Affiliate
Earn rewards by referring your friends
 
 

564  409  601  26 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 TRIVE-OR 0.0050.00 
 QES 0.38+0.04 
 KSTAR 0.21-0.045 
 DNEX 0.26+0.005 
 BIOHLDG 0.30+0.04 
 DYNACIA 0.120.00 
 LAMBO 0.030.00 
 MCLEAN 0.325+0.095 
 AT 0.180.00 
 VSOLAR 0.040.00 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!

TOP ARTICLES

1. Supermax record profit must prevail - Koon Yew Yin Koon Yew Yin's Blog
2. Biden Presidency Spells Good Times for Malaysian Gloves Trying to Make Sense Bursa Investments
3. Jaks Resources - Final Update :- Jaks Hai Duong Power Plant achieved FULL COD ! DK
4. A BEARISH outlook for Covid-19. GENERAL
5. BREAKING [Complete Economic Shutdown]: (Actual) Eurocham Letter to Members (dated 23 Jan 2021) following meeting with MITI on 22 Jan 2021 A blog to publish and share information
6. KLCI waves 42 - Two Possible KLCI Waves Outcome and 2 BEST Glove Waves (HARTA & TOPGLOVE) KLCI waves
7. [转贴] [Video:浅谈DAGANG NEXCHANGE BHD, DNEX, 4456] - James的股票投资James Share Investing James的股票投资James Share Investing
8. Think-tank: Total lockdown would bring Malaysia to brink of economic collapse save malaysia!
PARTNERS & BROKERS