RHB Retail Research

Author: rhboskres   |   Latest post: Thu, 27 Feb 2020, 3:27 PM


Trading Stocks - Mega First Corporation

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Mega First Corporation may move higher after it tested the MYR3.75 support recently. As the stock formed a long white candle and recovered above the 21-day SMA line, this indicates a positive sign. A bullish bias may appear above the MYR3.84 level, with an exit set below the MYR3.75 threshold. Towards the upside, the near-term resistance is at MYR4.00. This is followed by the MYR4.30 level.

Source: RHB Securities Research - 14 Mar 2019

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Labels: MFCB

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Chart Stock Name Last Change Volume 
MFCB 5.29 -0.14 (2.58%) 593,200 

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