RHB Investment Research Reports
Trading Stocks - Farm Fresh
rhbinvest
Publish date: Thu, 14 Apr 2022, 09:26 AM
rhbinvest
0 4,201
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
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
Farm Fresh is set to propel towards the highest level as the bullish momentum grew above the recent breakout level of MYR1.75. The buying pressure above that level may drive the stock towards its highest peak (so far) of MYR1.86, before printing a new high at the MYR2.00 threshold. Meanwhile, a fall below the MYR1.72 may trigger the resumption of a downward correction, printing a “lower low” bearish pattern.
Source: RHB Securities Research - 14 Apr 2022
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