Rakuten Trade Research Reports

Technical View - MY E.G. Services (MYEG,0138)

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Publish date: Mon, 17 Dec 2018, 11:02 AM
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MY E.G. Services Bhd (MYEG, 0138) 

  • MYEG's share price closed at RM0.91 last Friday representing a 1.5 sen or 1.6% decline.
  • Share price has shown signs of recovery from the 17% plunge last Wednesday and appears to have formed a support at RM0.84. It has rebounded to above RM0.90 and we believe the momentum may continue for further upside.
  • Resistance levels are at RM1.24 (R1) and RM1.38 (R2). Meanwhile, support levels can be found at RM0.79 (51) and RM0.735 (S2). 

Source: Rakuten Research - 17 Dec 2018

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