Highlights

PublicInvest Research

Author: PublicInvest   |   Latest post: Fri, 19 Apr 2024, 10:32 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 - WONG (7050)

Author:   |    Publish date:

  • Target Price: RM0.695, RM0.755
  • Last closing price: RM0.650
  • Potential return: 6.9%, 16.1%
  • Support: RM0.615
  • Stop Loss: RM0.585

Possible for sideways breakout. WONG is potentially staging a breakout from its sideways channel, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.695 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.755.

However, failure to hold on to support level of RM0.615 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 20 Apr 2022

Share this
Labels: WONG

Related Stocks

Chart Stock Name Last Change Volume 
WONG 0.28 0.00 (0.00%) 0 

More articles on PublicInvest Research >>


  Like Social Forum Comment
  djibaok likes this.
 


TOP ARTICLES

1. Titillating & keeping Malaysians on the edge: ‘Striptease’ act unfolding in Putrajaya? save malaysia!
2. Special Economic Zone with Singapore will transform Johor and unleash its economic potential, says Maybank IB save malaysia!
3. Johor to become most economically developed state, says Anwar save malaysia!
4. 馬來西亞擁有豐富的原物料資源，未來幾年有望晉升高收入國家？2026年是關鍵一年？ - 窮奢極欲 Good Articles to Share
5. Zafrul: There are factual errors in Zahid’s affidavit about sighting ex-Agong’s arrest order for Najib save malaysia!
6. How can KSL double its profit? - Koon Yew Yin Koon Yew Yin's Blog
7. Explain 'series of contracts' for Farhash-linked company, says PN save malaysia!
8. Slower US Fed pivot weakens rate-cut bets across emerging Asia Good Articles to Share
APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View Trading Signals and run Live Backtest
MQ Affiliate
Earn rewards with MQ Affiliate Program
 
 

156  627  565  1025 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 HSI-CVM 0.115-0.035 
 HSI-HUE 0.185+0.03 
 TWL 0.030.00 
 HSI-CVH 0.175-0.055 
 INGENIEU 0.140.00 
 HSI-HSY 0.26+0.085 
 AWANTEC 0.195-0.125 
 HSI-CVA 0.06-0.025 
 VELESTO 0.270.00 
 PMHLDG 0.21+0.015 
PARTNERS & BROKERS