Aug 19, 2015

AMFirst: Oversold?

AmFirst Real Estate Investment Trust Stock Code 5120

amfirst_analysis

AmFirst Real Estate Investment Trust may experience a technical rebound after being oversold. The rebound may kick in if the stock recovers back above the MYR0.765 level, with a target price of
MYR0.80, followed by MYR0.85. In the meantime, the stock may trend lower if it fails to stabalise. Support may be found at MYR0.735, where traders can exit upon a breach.

by RHB Retail Research

AMFIRST REAL ESTATE INVESTMENT TRUST
The Company is an investment company. The Company owns and invests in real estate whether directly or indirectly through the ownership of single-purpose companies.