RHB Investment Research Reports
Trading Stocks - Taliworks Corporation
rhbinvest
Publish date: Wed, 07 Feb 2024, 11:34 AM
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
Taliworks Corporation is set to resume its uptrend after experiencing a technical breakout above the MYR0.875 immediate resistance, supported by strong trading volume. If the breakout above this level sustains, the stock may trend higher towards the MYR0.96 mark, followed by the MYR1 threshold. However, a fall below the MYR0.835 support level would invalidate the bullish setup, as the stock would be trading below the 21-day SMA line.
Source: RHB Securities Research - 7 Feb 2024
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