RHB Investment Research Reports

Trading Stocks - Comintel Corporation

rhbinvest
Publish date: Wed, 28 Feb 2024, 09:59 AM
rhbinvest
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An official blog in I3investor to publish research reports provided by RHB Research team.

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Comintel Corporation is set to climb higher after experiencing a bullish breakout above the MYR1.50 level yesterday, on the back of strong trading volume. Currently positioned above the ascending 21-day SMA line, the stock is likely to climb towards MYR1.60, followed by MYR1.70. However, a fall below the MYR1.44 support level would kick off a downtrend.

Source: RHB Securities Research - 28 Feb 2024

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