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Rakuten Trade Research Reports

Author: rakutentrade   |   Latest post: Mon, 7 Jan 2019, 09:19 AM

 

Technical View - MY E.G. Services Bhd (MYEG,0138)

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MY E.G. Services Bhd (MYEG,0138)

  • MYEG's share price close at RM1.13 last Friday, plunging 24.7% after the negative news in relation to MACC's case. 
  •  Following the clarification from MYEG that the group is not involved in the case, we believe this appears to be a buying opportunity.
  • Resistance levels are at RM1.60 (R1) and RM1.82 (R2). Meanwhile, support levels can be found at RM1.04 (S1) and RM1.02(S2). 

Source: Rakuten Research - 22 Oct 2018

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Labels: MYEG

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Chart Stock Name Last Change Volume 
MYEG 1.01 -0.06 (5.61%) 65,500,100 

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