RHB Retail Research

Author: rhboskres   |   Latest post: Wed, 2 Dec 2020, 4:41 PM


Trading Stocks - BCM Alliance

Author:   |    Publish date:

BCM Alliance is attempting to breakout from a sideway consolidation zone, rising higher to test the resistance level of MYR0.315. To fulfil the breakout criteria, we need to see it breach the resistance level together with a higher trading volume. If this happens, expect the bullish momentum to reach the next resistance of MYR0.34, followed by MYR0.38. A downside breach of the MYR0.27 support would nullify this expectation.

Source: RHB Securities Research - 20 Oct 2020

Share this
Labels: BCMALL

Related Stocks

Chart Stock Name Last Change Volume 
BCMALL 0.305 +0.01 (3.39%) 27,342,700 

  Be the first to like this.

I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Perform Technical & Fundamental Analysis on Stocks
MQ Affiliate
Earn rewards by referring your friends

546  656  538  392 

Top 10 Active Counters
 YONGTAI 0.365+0.07 
 MTRONIC 0.135+0.015 
 HWGB 0.88+0.035 
 SAPNRG 0.125+0.005 
 AT 0.195+0.01 
 MTRONIC-WA 0.09+0.015 
 KNM 0.23+0.02 
 PHB 0.030.00 
 INIX 0.33+0.065 
 EAH 0.03-0.005 


1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!