Stock 1 – Public Packages Holdings
- PPHB appears on the uptrend, backed by rising MAs
- Momentum : ADX > 20 , supported by above-average volume
- Bullish MACD / RSI (>50)
- Major resistance: around $0.97-0.98, current price : $0.72, possible stop loss at $0.61. Possible entry at $0.69 (upon retracement to 20D EMA).
- Reward-to-Risk ratio: 2.27x (entry price based on $0.72)
- Reasonable fundamentals: PE< 7 x, PB < 0.6x, minimal gearing
Stock 2 – Johore Tin Bhd
- JOHOTIN appears on the uptrend, backed by rising MAs
- Momentum : ADX > 20 , supported by above-average volume
- Bullish MACD / RSI (>50)
- Major resistance: around $1.60, current price : $1.47, possible stop loss at $1.35. Possible entry at $1.47 (already retracement to 20D EMA).
- Reward-to-Risk ratio: 1.00x (on the low side) (entry price based on $1.47)
- Reasonable fundamentals: PE< 10 x, PB < 1.5x, minimal gearing
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