Sektor : Produk & Perkhidmatan Perindustrian
Sub-Sektor : Kejuruteraan Perindustrian
Nisbah P/E : 12.16
ROE (%) : 5.30
Segala diatas adalah untuk rujukan sendiri dan bukan cadangan belian atau jualan
TECHNICAL CALL
under delivery on previous result, share price was drop 20% and hold at demand zone,
yesterday closing at engulfing pattern worth to take the risk. RRR:2
1) Based on previous pattern, Rohas will retrace to 0.67 and build support around this area before making higher high.
2) Monitor at this retracement if it happen.
3) If continue to go higher without retracement, 0.71 is the resistance.
Signal in the chart:
1. Accumulation stage
2. Up-thrust at resistance
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
ROHAS has started to show head and shoulder pattern at the bottom of downtrend... It is not confirmed until it breakout above the trendline... can consider entry now (BOD).. The first resistance is the MA50... Aim for the trendline.. If breakout occur..can consider reentry after a retracement occur... Support on rm 0.585.. Cutloss on 0.580.. can also consider...
Waiting for confirmation... Can buy now but monitor on the resistance... If breakout occurs, wait for retracement before new entry... If not can TP near the resistance... Cut Loss at 1 or 2 bid under support..
estimated price will be at 100 fibo retracement level. level 50 will be strong level. if price can break this level then there is chance price will go to 100 level.
