RHB Retail Research

Author: rhboskres   |   Latest post: Thu, 22 Aug 2019, 9:01 AM


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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MI 1.66 +0.07 (4.40%) 678,700 

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