RHB Retail Research

Author: rhboskres   |   Latest post: Fri, 4 Jun 2021, 5:54 PM


Trading Stocks - Malton

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Malton has been developing a minor sideways trading pattern in recent sessions – to digest its previous sharp rebound off the 21-day SMA line. A rebound extension should be confirmed if the stock breaks above the MYR0.525 resistance. The next resistance levels are set at MYR0.55 and MYR0.60. A downside breach of MYR0.51 would cancel this hypothesis.

Source: RHB Securities Research - 17 Mar 2021

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Labels: MALTON

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Chart Stock Name Last Change Volume 
MALTON 0.485 -0.01 (2.02%) 243,200 

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