RHB Investment Research Reports
Trading Stocks - DXN Holdings
rhbinvest
Publish date: Fri, 12 Jan 2024, 03:44 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
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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
DXN Holdings is set to resume its uptrend reversal after bouncing off the MYR0.68 previous breakout level on strong volume. Backed by “higher low” and “higher high” bullish patterns, the stock may climb towards the MYR0.72 resistance, followed by the next resistance at MYR0.75. However, if it falls below the MYR0.635 support – forming a “lower low” – this expectation will be nullified.
Source: RHB Securities Research - 12 Jan 2024
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