Friday, December 4, 2020

Technical Analyzer

*DRB-HICOM (1619)*
Sector: Consumer Prod & Svcs
Sub-sector: Automotive
Outlook: Pending breakout MYR2.10
Levels: MYR2.15, MYR2.30
Exit: MYR1.99
(time frame: 2-4 weeks)

*LBS Bina Group (5789)*
Sector: Property
Sub-sector: Property
Outlook: Breakout MYR0.415
Levels: MYR0.44, MYR0.465
Exit: MYR0.39
(time frame: 2-4 weeks)

*BCM Alliance (0187)*
Sector: Industrial Prod & Svcs
Sub-sector: Industrial Svcs
Outlook: Pending breakout MYR0.30
Levels: MYR0.32, MYR0.35
Exit: MYR0.27
(time frame: 2-4 weeks)

*Grand-Flo (0056)*
Sector: Technology
Sub-sector: Digital Svcs
Outlook: Pending breakout MYR0.27
Levels: MYR0.29, MYR0.315
Exit: MYR0.245
(time frame: 2-4 weeks)

*UOB Stocks to watch:*

1) N2N (0108); Technical BUY with +21.5% potential return  
*Last: RM0.79 Target: RM0.915, RM0.96 Stop: RM0.695
*Timeframe: 2 weeks to 2 months
*Syariah: YES

2) WILLOW (0008); Technical BUY on breakout (RM0.455) with +19.8% potential return  
*Last: RM0.440 Target: RM0.52, RM0.545 Stop: RM0.405
*Timeframe: 2 weeks to 2 months
*Syariah: NO

3) LBS (5789); Technical BUY with +22.6% potential return  
*Last: RM0.42 Target: RM0.49, RM0.515 Stop: RM0.37
*Timeframe: 2 weeks to 2 months
*Syariah: YES

M+ Stocks to watch based on technical analysis: 

Construction: EKOVEST, AZRB, IJM
Building materials: OKA, HUMEIND
Property: LBS, KSL
O&G: DELEUM, MHB, ARMADA
Transportation and logistics: FREIGHT, MAYBULK
Financials: MAYBANK, CIMB
Others: HWGB, MUDA, VERSATL