RHB Investment Research Reports
Trading Stocks - Cnergenz
rhbinvest
Publish date: Tue, 27 Sep 2022, 09:54 AM
rhbinvest
0 3,552
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
Cnergenz is eyeing to print a new high as it bounced off the 21- day SMA line yesterday, heading towards the recent high of MYR1.05. If a breakout happens above that level, the bulls may set to print a new high at MYR1.10, before marking it at the MYR1.15 level. If it falls below the MYR0.94 support, the stock may see a reversal in momentum as it forms a “lower low” bearish pattern, below the 21-day SMA line.
Source: RHB Securities Research - 27 Sept 2022
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