RHB Investment Research Reports
Trading Stocks - Hiap Teck Venture
rhbinvest
Publish date: Wed, 26 Jul 2023, 10:11 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
Hiap Teck Venture is set for a rebound as it surpassed the MYR0.33 immediate resistance yesterday on strong trading volume, supported by the rising 21-day SMA line. The stock is expected to propel towards the MYR0.365 YTD high, followed by the MYR0.40 next resistance. Towards the downside, falling below the MYR0.30 support sets the stage for a downtrend.
Source: RHB Securities Research - 26 Jul 2023
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