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Rakuten Trade Research Reports

Author: rakutentrade   |   Latest post: Fri, 15 Feb 2019, 09:23 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 closed at RM0.99 last Friday, up 1 sen or 1.02%.
  • Further to our technical report on 17 Dec 2018, share price has rebounded to above the RM0.90 level and recovered by more than 13%. We believe the buying momentum is likely to persist and set to enhance the price to break above the RM1.00 level.
  • Should it able to break RM 1.00, resistance levels are at RM 1.04 (R1) and RM 1.14 (R2).
  • Meanwhile, support levels can be found at RM0.97 (51) and RM0.96 (S2).

Source: Rakuten Research - 11 Feb 2019

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Labels: MYEG

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Chart Stock Name Last Change Volume 
MYEG 1.02 -0.03 (2.86%) 13,927,200 

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