RHB Investment Research Reports

Trading Stocks - Samaiden Group

Publish date: Mon, 31 Oct 2022, 10:35 AM
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Samaiden Group may be set for a rebound, as it inched up and attempted to reclaim the territory above the MYR0.785 level last Friday on improved trading volume. If it manages to surpass that level, the stock may inch higher towards the recent high of MYR0.845, followed by the MYR0.90 threshold. If it falls below the MYR0.745 support, the bullish momentum would be reversed, as it forms a “lower low” bearish pattern beneath the 21-day average line.

Source: RHB Securities Research - 31 Oct 2022

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