RHB Investment Research Reports
Trading Stocks - Ramssol Group
rhbinvest
Publish date: Tue, 03 Oct 2023, 11:10 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
Ramssol Group is set to climb higher after breaching above the MYR0.49 level yesterday on higher trading volume. The bullish momentum above that level would drive the stock towards MYR0.545, or its 18-month high, followed by the next resistance at MYR0.605. Conversely, a fall below the MYR0.445 support would signal a reversal of the positive trend, as it trades below the 21-day SMA line.
Source: RHB Securities Research - 3 Oct 2023
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