Rakuten Trade Research Reports
Technical View - MY E.G. Services Bhd (MYEG,0138)
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Publish date: Mon, 22 Oct 2018, 10:30 AM
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All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/
To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
MY E.G. Services Bhd (MYEG,0138)
- MYEG's share price close at RM1.13 last Friday, plunging 24.7% after the negative news in relation to MACC's case.
- Following the clarification from MYEG that the group is not involved in the case, we believe this appears to be a buying opportunity.
- Resistance levels are at RM1.60 (R1) and RM1.82 (R2). Meanwhile, support levels can be found at RM1.04 (S1) and RM1.02(S2).
Source: Rakuten Research - 22 Oct 2018
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