RHB Investment Research Reports
Trading Stock - MTAG Group
rhbinvest
Publish date: Mon, 30 Jan 2023, 10:14 AM
rhbinvest
0 3,568
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
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Jalan Tun Razak
Kuala Lumpur
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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
MTAG Group is scaling upwards after breaking past the immediate resistance MYR0.675 on strong volume. In the last three trading sessions, it charted bullish candlesticks with high volume, which indicates that the bulls are taking control. Expect follow-through momentum to propel the stock towards MYR0.72, followed by MYR0.76. On the flip side, breaching below the MYR0.635 would negate the bullish setup.
Source: RHB Securities Research - 30 Jan 2023
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