TRC Stock Forum

$TRC(5054.MY)$ Bursa Analyst target price RM0.53

1) $PLENITU(5075.MY)$ Playbook-Powerplay +VCP
- 6W-12/4-2T (wait for price consolidate and/or 3rd T);
- Shown Stage 2 characteristic with price increase with high volume, decrease with low volume;
- ER at 24 May 2024 (FRI) (tradingview);
-RS Rating=92.
2) $TRC(5054.MY)$ Playbook-VCP
- 3M-16/5-3T;
- ER at 27 May 2024 (MON) (tradingview);
-RS Rating=87.
3) $MAGNI(7087.MY)$ Playbook-VCP
- 2M-11/5-2T (wait for price consolidate and/or 3rd T);
-RS Rating=73.
4) $HTPADU(5028.MY)$ Playbook-...

$TRC(5054.MY)$
target price: 0.52/0.53/0.54
entry: 0.48-0.495
stop loss: 0.465
DISCLAIMER:  This  post is for learning and education purposes only. Please trade at your own risks.

$TRC(5054.MY)$ Had a good breakout from its RM 0.485+ major resistance levels here with good volume which saw it rally towards the RM 0.53 regions.
For now as long as able to hold above its RM 0.485 support, could continue on this uptrend towards and beyond the RM 0.53+ regions soon.
Support: RM 0.50, RM 0.485 areas
Resistance: RM 0.53, RM 0.55, RM 0.57 areas

$TRC(5054.MY)$ if next Monday can break over 0.510, potentially got chance to up further