RHB Investment Research Reports
Trading Stocks - Master Tec Group
rhbinvest
Publish date: Fri, 03 May 2024, 10:26 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
Master Tec Group is looking to resume its uptrend – it inched up yesterday, heading towards the MYR1.08 immediate resistance level. If a breakout occurs above this level, the stock should trend higher towards MYR1.18 (the historical high), followed by the MYR1.50 level. On the flip side, a fall below the MYR0.90 support level would negate the bullish setup.
Source: RHB Securities Research - 3 May 2024
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