Rakuten Trade Research Reports
Technical View - Affin Bank Bhd
rakutentrade
Publish date: Tue, 30 Jan 2024, 09:26 AM
rakutentrade
0 2,211
An official blog in I3investor to publish research reports provided by Rakuten Trade research team.
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
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
Affin Bank Bhd (AFFIN, 5185)
- AFFIN may extend it upward trajectory after breaking out from its 3-week bullish rectangularpattern, surpassing the immediate resistance of RM2.45 with a long white candle yesterday. In view of the stock hitting a new 52 week high coupled with the 20-day EMA remaining above the 50-day EMA since the bullish crossover in late Dec, the uptrend may continue in the near term.
- We expect the rising momentum is set to steer the stock higher and test the next level of resistanceof RM2.65 (R1) and RM2.80 (R2) in the near term.
- On the downside, stop-loss is set at RM2.20.
Source: Rakuten Research - 30 Jan 2024
To sign up for an account: http://bit.ly/40BNqKI
[Youtube Tutorial] Account Opening & Enable Foreign Equity: http://bit.ly/3I5Jzxo
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on Rakuten Trade Research Reports
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
THE INVESTMENT APPROACH OF CALVIN TAN
2
3
4
save malaysia!
5
6
8
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
