Highlights

PublicInvest Research

Author: PublicInvest   |   Latest post: Mon, 19 Apr 2021, 10:07 AM

 

Technical Buy - PLABS (0171)

Author:   |    Publish date:


  • Target Price: RM0.255, RM0.265
  • Last closing price: RM0.240
  • Potential return: 6.2%, 10.4%
  • Support: RM0.235
  • Stop Loss: RM0.220

Possible for sideways breakout. PLABS is staging a potential breakout from its sideways channel. Corresponding RSI and MACD indicators remain healthy while trending sideways, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.245 be genuinely broken with renewed buying interest, it may continue to lift price higher to subsequent resistance levels of RM0.255 and RM0.265.

However, failure to hold on to support level of RM0.235 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 5 Mar 2021

Share this
Labels: PLABS

Related Stocks

Chart Stock Name Last Change Volume 
PLABS 0.225 0.00 (0.00%) 463,800 

  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
 
 

407  538  571 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 MINDA 0.17+0.015 
 FOCUS 0.125-0.025 
 UCREST 0.435+0.085 
 SEDANIA 0.40+0.245 
 KEYASIC 0.175+0.025 
 SASBADI 0.205+0.05 
 DATAPRP 2.00+0.46 
 BPURI 0.095+0.005 
 MACPIE 0.08-0.01 
 MESTRON 0.34+0.03 

FEATURED POSTS

1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!

TOP ARTICLES

1. GREATEC (0208) - Technical Chart Analysis Bursa Malaysia Free Trading Education
2. ALUMINIUM STOCKS UP BUT WZSATU STILL CHEAP: SEE WZSATU VERSUS PRESS METAL, LBALUM & ALCOM, Calvin Tan Research THE INVESTMENT APPROACH OF CALVIN TAN
3. Top Glove, Hartalega, Kossan: JP Morgan Reconfirms Glove Price Targets Amid Dwindling Paper Profits of Glove Short Seller Trying to Make Sense Bursa Investments
4. Nominee Account and Short Selling - A Matter to Consider Trying to Make Sense Bursa Investments
5. Americans are mentally sick - Koon Yew Yin Koon Yew Yin's Blog
6. CHICKEN PRICES SKY-HIGH DUE TO A 40% INCREASE OF CHICKEN FEEDSTOCK, FGV GOT PALM KERNAL CAKE, Calvin Tan Research THE INVESTMENT APPROACH OF CALVIN TAN
7. LB Aluminium has good profit growth - Koon Yew Yin Koon Yew Yin's Blog
8. How to avoid the coronavirus? Koon Yew Yin Koon Yew Yin's Blog
PARTNERS & BROKERS