RHB Investment Research Reports
Trading Stocks - ITMAX System
rhbinvest
Publish date: Tue, 30 Jan 2024, 09:53 AM
rhbinvest
0 4,584
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
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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
ITMAX System is attempting to stage a bullish breakout, while grazing the immediate resistance of MYR1.90 on high volume. If it climbs above the immediate resistance, a bullish bias should emerge. In this case, the momentum would propel the counter towards the MYR2 threshold, followed by MYR2.20. Conversely, falling below the MYR1.72 support would trigger a downward movement.
Source: RHB Securities Research - 30 Jan 2024
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