RHB Investment Research Reports
Trading Stocks - Dayang Enterprise Holdings
rhbinvest
Publish date: Wed, 07 Feb 2024, 11:32 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
Dayang Enterprise Holdings is likely to resume its uptrend after rebounding from the recent pullback and sustaining its position above the MYR1.94 recent breakout level. If the bullish momentum persists, the stock may trend higher towards the recent high of MYR2.16, followed by the MYR2.50 threshold. Conversely, a fall below the MYR1.83 support would trigger downward movement.
Source: RHB Securities Research - 7 Feb 2024
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