AmInvest Research Reports

Stock on Radar - DS Sigma Holdings

Publish date: Wed, 20 Sep 2023, 09:43 AM
0 8,288
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The white candle and the breakout of a 2-week bullish pennant pattern yesterday indicate that DS Sigma’s uptrend may have resumed. As the 20-day and 50-day EMAs have established a bullish crossover since late August, the current upward momentum may continue in the near term. A bullish bias may emerge above the RM0.44 level, with stop-loss set at RM0.39, below the 50- day EMA. Towards the upside, near-term resistance level is seen at RM0.50, followed by RM0.55.

Entry : RM0.44–0.455

Target : RM0.50, RM0.55

Exit : RM0.39

Source: AmInvest Research - 20 Sept 2023

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