Rakuten Trade Research Reports
Technical View - My E.G Services Bhd
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Publish date: Mon, 27 Feb 2023, 11:22 AM
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Email: customerservice@rakutentrade.my
My E.G Services Bhd (MYEG, 0138)
• Share closed 7.30% higher at RM0.735 on Friday.
• MYEG formed a higher support at RM0.63 and rebounded mildly with higher buying volume. Accumulation was seen after MYEG share price gapped down on 7th February. Coupled with MACD bullish crossover, share price is expected to move higher.
• Resistance levels are identified at RM0.77 (R1) and RM0.785 (R2).
• On the flipside, support levels are pegged at RM0.64 (S1) and RM0.605 (S2).
Source: Rakuten Research - 27 Feb 2023
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