RHB Investment Research Reports
Trading Stocks - DS Sigma
rhbinvest
Publish date: Mon, 27 May 2024, 10:29 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
DS Sigma is poised to move higher after breaking past the resistance on strong volume. Last Friday, the stock breached the MYR0.365 resistance on strong volume – forming a fresh “higher high” bullish candlestick. The stock should extend the upside movement towards the next resistance at MYR0.41, followed by MYR0.44. On the other hand, falling below the MYR0.34 support will resume the correction phase.
Source: RHB Securities Research - 27 May 2024
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