Comintel Stock Code 7195
Comintel Corporation may trend higher after recovering back above the MYR0.275 level t touch the 50-day MAV line in its latest session. Traders may buy as a bullish bias could be present above this level, with a target price of MYR0.32, followed by MYR0.345. The stock may consolidate further if it cannot sustain above the MYR0.275 mark. In this case, further support is anticipated at MYR0.24, where traders can exit upon a breach.
Comintel daily chart:
by RHB Securities 28/09/15
COMINTEL CORPORATION BHD
The principal activity of the Company is that of investment holding while the principal activities of its subsidiaries are Turnkey engineering design and integration programme management installation and commissioning; manufacturer and assembler of electronic components.