RHB Investment Research Reports
Trading Stocks - Bina Darulaman
rhbinvest
Publish date: Thu, 04 Apr 2024, 10:59 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
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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
Bina Darulaman is poised to resume its uptrend after yesterday’s retreat from the recent breakout – maintaining above the rising 21-day SMA line. If it manages to reclaim the MYR0.425 immediate resistance, the stock would trend higher towards the MYR0.445 recent high, followed by the MYR0.50 next resistance. However, a fall below MYR0.375 invalidates the bullish setup.
Source: RHB Securities Research - 4 Apr 2024
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