RHB Investment Research Reports

Trading Stocks - Kenanga Investment Bank

rhbinvest
Publish date: Wed, 16 Mar 2022, 09:28 AM
rhbinvest
0 1,298
An official blog in I3investor to publish research reports provided by RHB Research team.

All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com

RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia

Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216

Kenanga Investment Bank is set to rebound further towards its recent high, as it jumped above the MYR1.27 immediate resistance on Monday and stayed above that level yesterday. If it manages to stay above that level, the stock may push further towards the recent high of MYR1.35, before reaching MYR1.40. Conversely, falling below the MYR1.22 support should trigger selling pressure, printing a “lower low” bearish pattern.

Source: RHB Securities Research - 16 Mar 2022

Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment