RHB Investment Research Reports
Trading Stocks - T7 Global
rhbinvest
Publish date: Mon, 05 Feb 2024, 12:41 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
T7 Global has staged a bullish breakout and is poised to extend the upside movement. The counter has move past the MYR0.465 resistance on strong volume, confirming the bullish setup. Riding on the renewed momentum, the counter should scale towards the next resistance at MYR0.50, followed by MYR0.53. Towards the downside, falling below the MYR0.43 support will open the door to a bearish phase.
Source: RHB Securities Research - 5 Feb 2024
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