RHB Investment Research Reports
Trading Stocks - Samaiden Group
rhbinvest
Publish date: Tue, 20 Feb 2024, 10:27 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
Samaiden Group’s price is set for an uptrend after recently experiencing a technical breakout above the MYR1.22 level with strong trading volume. The bullish bias above that threshold may see the stock’s price climb higher towards the MYR1.30 immediate resistance, followed by the MYR1.35 next resistance. However, a fall below the MYR1.17 support potentially signals a downtrend.
Source: RHB Securities Research - 20 Feb 2024
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