*1st July Technical Idea (UPDATE)*
POH HUAT Resources Holdings (Stock code: 7088)
Today PO HUAT hit TP2 with huge volume traded.
we move up our TP and SL (to book in profit)
Risk: Moderate Risk*
*TP1: RM1.285*
*TP2: RM1.370*
*SL1: RM1.150*
*SL2: RM0.980*
*Risk Return Ratio: 1.85x*
Strategy:
1)For those have cheap price can try to reduce exposure at new TP1.
2)For...
FUNDAMENTAL ANALYSIS
Sector: Consumer Products & Services
Subsector: Household Goods
Business: Home & office furniture
PE: 5.3 -- GOOD
ROE: 12 -- GOOD
ROE > PE: YES -- GOOD
NTA: 1.599 > price -- GOOD
DY: 6.9 -- GOOD
YOY: 0 -- BAD
TECHNICAL ANALYSIS
MA20 touch green candle on 17 June 2020
Stoch RSI oversold & reversed 20%
BOD on 19 June 2020
No. of shares:...
