RHB Investment Research Reports
Trading Stocks - Sunsuria
rhbinvest
Publish date: Fri, 26 Jan 2024, 05:42 PM
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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
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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
Sunsuria is poised for a technical rebound after bouncing off the immediate support and testing the immediate resistance level of MYR0.51 during the latest session. If a breakout above that level happens, the stock may trend upwards further towards RM0.58, followed by the next resistance point of RM0.62, which is also the 4-month high. On the other hand, falling below the MYR0.475 support would turn its direction into a downtrend.
Source: RHB Securities Research - 26 Jan 2024
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