RESINTC - PELUANG ENTRYSupport (S) : 0.53
Entry Price (EP) : 0.545 With strong buy of 5 Market Depth (5MD)
Target Price (TP) : 0.58 / 0.610
0.020MYR
1.001MMYR
89.98MMYR
About RESINTECH BHD
Sector
Industry
CEO
Kim Poo Teh
Website
Headquarters
Telok Panglima Garang
Founded
1995
ISIN
MYL7232OO001
Resintech Bhd. is an investment holding company, which engages in the manufacturing and marketing of diversified plastics building materials. It operates through the following segments: Manufacturing & Trading, Services, Investment Holding, and Others. The Manufacturing & Trading segment is involved in manufacturing and trading of diversified range of plastics pipes, water tanks, and fittings. The Services segment covers the property holding. The Investment Holding segment focuses on investment holding. The Others segment relates to dormant. The company was founded by Kim Poo Teh and Gan Jew on April 24, 1995 and is headquartered in Telok Panglima Garang, Malaysia.
More Price Drop to Complete CorrectionBetter wait at RM0.610/0.435
Resintech is a unique company that brings together the very best state of the art manufacturing technology from Europe and Asia together with the finest grade of Polyethylene materials to produce the finest quality polyethylene products for customers throughout the worl
RESINTECH BHD OUTLOOK 21/04/2022RESINTECH BHD :-
After a continue uptrend movement now this counter is expected to shoot up to a point 1.19 and recently break the resistance of 1.130 and is indicating to move up and if breaks the next resistance of 1.190 then can make a new high of 1.220.
It is making a candle chart formation of b
resintc, just an ideasimple idea how to trade trending counter
use smaller time frame
don't target tp so high
but still must follow good MM
entry when signal appear
CUP AND HANDLE RESINTCSales and profit shows decelating results since past 3quarter.However,technical forming a cup and handle
RESINTC VCP SETUPHappy CNY everyone!
RESINTC got decent profit last year around Oct. Have been monitoring RESINTC since Jan 22 when it showing rigid setup back MA50.
Currently developed VCP at C3.
C1: -28%
C2: -16%
C3: -5%
Let's see if this round can spike for ATH or not.
Disclaimer:
Not a buy call. Just sha
RESINTECH VCP AGAINI traded RESINTC back then in Oct 2021 and got profit around 25%. (Previous idea in the ink below)
RESINTC experience major profit taking from 12 Nov till 6 Dec. This form the C1.
Price and Volume return back strong on 21 Dec 2021 - this caught my attention After that price undergo natural reacti
See all ideas
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