RHB Investment Research Reports
Trading Stocks - MI Technovation
rhbinvest
Publish date: Tue, 23 Jan 2024, 05:14 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
MI Technovation is set to extend its upside movement after staging a breakout from the key resistance of MYR1.94 with surging trading volume yesterday. Riding on the momentum, the stock should test the next resistance pegged at MYR2.45, followed by the MYR2.80 mark. If the stock falls below the MYR1.84 support, this will negate the bullish setup.
Source: RHB Securities Research - 23 Jan 2024
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