RHB Investment Research Reports
Trading Stocks - Minox International Group
rhbinvest
Publish date: Thu, 28 Dec 2023, 12:19 PM
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
Minox International Group is set to eyeing for an uptrend reversal after bouncing off the 21-day SMA line, testing the MYR0.295 immediate resistance level yesterday. If a breakout happens, the stock may rebound strongly towards the MYR0.335 resistance, followed by the all-time high of MYR0.385. On the flip side, a drop below the MYR0.265 support would indicate a potential downtrend, beneath the SMA line.
Source: RHB Securities Research - 28 Dec 2023
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