- Target Price: RM0.115, RM0.125
- Last closing price: RM0.100
- Potential return: 15.0%, 25.0%
- Support: RM0.095
- Stop Loss: RM0.085
Possible for bottom fishing. HHHCORP
is attempting to recover from its consolidation phase, again. Improving
RSI and MACD indicators currently signal reasonable entry level, with
anticipation of continuous improvement in both momentum and trend in
near term. Should resistance level of RM0.105 be genuinely broken, it
may continue to lift price higher to subsequent resistance levels of
RM0.115 and RM0.125.
However, failure to hold on to support level of RM0.095 may indicate weakness in the share price and hence, a cut-loss signal.
