RHB Investment Research Reports
Trading Stocks - Farm Fresh
rhbinvest
Publish date: Wed, 24 Jan 2024, 05:32 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
Farm Fresh is set to resume its uptrend reversal movement after staging a breakout from the key resistance of MYR1.42 with improved trading volume yesterday. Riding on this momentum, the stock should test the immediate resistance pegged at MYR1.50, followed by the next resistance at MYR1.58. If the stock falls below the MYR1.35 support, this will negate the bullish setup.
Source: RHB Securities Research - 24 Jan 2024
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