RHB Investment Research Reports

Trading Stocks - ES Ceramics Technology

rhbinvest
Publish date: Tue, 19 Dec 2023, 10:50 AM
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An official blog in I3investor to publish research reports provided by RHB Research team.

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ES Ceramics Technology is set for an uptrend reversal after undergoing a breakout above the MYR0.22 level yesterday on surging trading volume, above the 21-day SMA line. If the breakout is sustained, the stock is likely to advance towards the MYR0.25 mark, followed by the next resistance point of MYR0.265. Conversely, a drop below the MYR0.19 support would invalidate the bullish setup.

Source: RHB Securities Research - 19 Dec 2023

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