RHB Investment Research Reports

Trading Stocks - Tenaga Nasional

rhbinvest
Publish date: Fri, 27 May 2022, 09:47 AM
rhbinvest
0 4,504
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

Tenaga Nasional is eyeing to resume its uptrend as it rebounded from its recent pullback, heading towards the MYR9.25 recent high. If it manages to surpass that level, the stock may persist its bullish momentum towards MYR9.50 and then the MYR9.70 threshold. Conversely, the momentum may reverse if it drops below the MYR9.04 support – drawing a “lower low” bearish pattern beneath the 21-day average line.

Source: RHB Securities Research - 27 May 2022

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

Post a Comment