RHB Investment Research Reports

Trading Stocks - Mega First

rhbinvest
Publish date: Mon, 15 Jan 2024, 04:04 PM
rhbinvest
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Mega First is extending its bullish trajectory after climbing above its strong resistance level. The counter rose above the MYR3.70 resistance level as bullish momentum gained speed. A follow through or “higher high” price action would see the stock move towards the MYR4 mark, followed by MYR4.25. If it falls below the support level at MYR3.53, the bullish setup would be negated.

Source: RHB Securities Research - 15 Jan 2024

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