RHB Investment Research Reports

Trading Stocks - RGB International

Publish date: Fri, 12 Apr 2024, 10:41 AM
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An official blog in I3investor to publish research reports provided by RHB Research team.

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RGB International has staged a bullish breakout and is eyeing to extend the upside movement. The stock has climbed above the MYR0.34 resistance on strong volume. After the breakout, we expect a follow-through price action to test the next resistance at MYR0.38, followed by the MYR0.42 level. Conversely, a breach below the MYR0.31 support negates the bullish setup.

Source: RHB Securities Research - 12 Apr 2024

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