Kenanga Research & Investment
Highlights / Stock Picks of the Day - TA Global Berhad ("TAGB”) – Not Rated
TAGB has broken out from a “Bullish Flag” chart pattern with its 1.5 sen gain yesterday (RM0.335 closing price). We believe the stock turned bullish now after the strong showing on the volume indicator. The Key indicators (MACD,
RSI, Stochastic) are all positive and improving. Thus, we believe that the share price could potentially extend its gains towards RM0.375 (+11.9%). Meanwhile, downside appears capped at RM0.315.
Source: Kenanga
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
