Stock Picks Of The Day: Cloudpoint Technology And UUE
Stock Picks Of The Day: Cloudpoint Technology And UUE
Cloudpoint Technology Bhd is showing signs of a potential breakout past the immediate resistance, as bullish momentum continues to build. The stock recently rebounded from its support level, marked by a long bullish candlestick and a notable increase in trading volume. According to RHB Investment Bank Bhd (RHB Research), this indicates strong underlying bullish sentiment. Should the stock break through the RM0.90 resistance, it is expected to extend its upward trajectory towards RM0.96, with a further target of RM1.03. However, a dip below the RM0.825 support level could signal a downward trend.
隨着看漲勢頭的持續增強，Cloudpoint Technology Bhd顯示出可能突破直接阻力的跡象。該股最近從支撐位反彈，其特點是多頭 看漲的燭臺 交易量顯著增加。根據盧旺達投資銀行有限公司（RhB Research）的數據，這表明了強烈的潛在看漲情緒。如果該股突破0.90令吉的阻力位，則預計其上漲趨勢將延續至0.96令吉，進一步目標爲1.03令吉。但是，跌破0.825令吉的支撐位可能預示着下降趨勢。
Meanwhile, UUE Holdings Bhd is also attempting to resume its upward movement, currently testing the immediate resistance. The stock has been consolidating below the RM0.735 resistance level. RHB Research notes that the 21-day Simple Moving Average (SMA) is trending upwards, suggesting a short-term bullish trend. A break above this resistance could lead the stock to RM0.78, with a further target of RM0.83. On the downside, if the stock falls below the RM0.68 support, a correction phase is expected to follow.
Investors are advised to monitor these counters closely for potential breakout opportunities or signs of correction.
建議投資者密切關注這些櫃台，尋找潛在的突破機會或修正跡象。
