RHB Investment Research Reports

Trading Stocks - Swift Haulage

rhbinvest
Publish date: Wed, 10 Jan 2024, 03:27 PM
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Swift Haulage is set to trend upwards further after it pushed past the breakout level of the MYR0.585 immediate resistance yesterday, on high trading volume. If the breakout is sustained, the stock may propel higher towards the recent high of MYR0.65, followed by the next resistance at the MYR0.70 mark. However, if it falls below the MYR0.54 support – forming a lower low – this expectation will be nullified.

Source: RHB Securities Research - 10 Jan 2024

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