RHB Retail Research

Author: rhboskres   |   Latest post: Wed, 15 Sep 2021, 6:43 PM


Trading Stocks - Mestron Holdings

Author:   |    Publish date:

Mestron Holdings is resuming its uptrend after it moved higher, breaching the resistance level on improved trading volume yesterday. Held up by the “higher high” bullish pattern above the MYR0.40 immediate support level, we expect the bullish momentum to lift the stock towards the next resistance pegged at MYR0.445, followed by MYR0.46. If the stock falls below the MYR0.39 support, this expectation will be voided.

Source: RHB Securities Research - 23 Jul 2021

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Chart Stock Name Last Change Volume 
MESTRON 0.325 0.00 (0.00%) 3,608,100 

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