RHB Investment Research Reports
Trading Stocks - IFCA MSC
rhbinvest
Publish date: Thu, 18 Apr 2024, 10:00 AM
rhbinvest
0 4,584
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
The upward-trending structre of IFCA MSC has been confirmed after the stock breached a key resistance level on strong volume. The counter climbed above the MYR0.35 resistance with a strong bullish candlestick – signalling the resumption of the uptrend. Riding on this strong bullish momentum, expect a follow-through price action to test the next resistance of MYR0.41, followed by MYR0.44. Breaching below the MYR0.32 support would result in the resumption of the correction phase.
Source: RHB Securities Research - 18 Apr 2024
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
Market Buzz
More articles on RHB Investment Research Reports
Kotra Industries - Earnings Set To Propel Upwards; Upgrade To BUY
Created by rhbinvest | Dec 20, 2024
Pentamaster Corp - PIL’s Privatisation To Fortify Earnings Potential; BUY
Created by rhbinvest | Dec 20, 2024
AEON Credit Service - Dragged Down By Elevated Credit Costs; Still BUY
Created by rhbinvest | Dec 20, 2024
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
Stock Market Enthusiast
Top 3 AI/Data Center Newsflow for the 3rd Week of December - #TENAGA, #YTL, #YTLPOWER
2
save malaysia!
3
Good Articles to Share
4
5
Good Articles to Share
China property flare-ups resurface as crisis enters fifth year
6
Good Articles to Share
US fighter shot down in 'apparent case of friendly fire' over Red Sea
7
Good Articles to Share
Ukraine's air defence downs 52 out of 103 Russian drones, air force says
8
Good Articles to Share
Syria's de facto ruler reassures minorities, meets Lebanese Druze leader
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
