RHB Investment Research Reports
Trading Stocks - Hextar Global
rhbinvest
Publish date: Mon, 04 Apr 2022, 09:07 AM
rhbinvest
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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
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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
Hextar Global is set to resume its uptrend as it breached the MYR1.62 immediate resistance on strong volume last Friday – printing a “higher high” bullish pattern. If the bullish momentum persists, the stock may propel towards the next resistance of MYR1.87, followed by the MYR2.00 psychological level. However, the momentum may lose steam if it falls below MYR1.52, beneath the 21-day average line.
Source: RHB Securities Research - 4 Apr 2022
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