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RHB Retail Research

Author: rhboskres   |   Latest post: Fri, 8 Feb 2019, 05:29 PM

 

Technical Analysis - Mi Equipment

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Mi Equipment

Mi Equipment may trend higher after it breached above the MYR2.40 threshold. Yesterday’s close has sent the stock to its new record high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR2.40 level, with an exit set below the MYR2.28 threshold. Towards the upside, the near-term resistance is at MYR2.70. This is followed by the MYR3.00 level.

Source: RHB Securities Research - 30 Aug 2018

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Labels: MI

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Chart Stock Name Last Change Volume 
MI 2.44 -0.01 (0.41%) 453,600 

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