RHB Investment Research Reports
Trading Stocks - Milux Corporation
rhbinvest
Publish date: Fri, 03 Jun 2022, 09:02 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
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
Milux Corporation is poised to renewed its bullish bias as it climbed to hit the MYR1.04 resistance on stronger trading volume yesterday. If it manages to break above that resistance, the stock may propel to reclaim its YTD high of MYR1.10, followed by the next resistance at MYR1.15. If it falls below the support level of MYR0.955 – below the 21-day average line – the stock may trend downwards.
Source: RHB Securities Research - 3 Jun 2022
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