RHB Investment Research Reports
Trading Stocks - Securemetric
rhbinvest
Publish date: Mon, 22 Jul 2024, 09:36 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
Securemetric is eyeing to stage a bullish breakout – testing the immediate resistance with high volume. The stock charted a bullish candlestick and is poised to close above the MYR0.225 resistance. If a breakout happens, the renewed momentum may propel the counter towards MYR0.25, followed by the MYR0.275 level. On the contrary, falling below the MYR0.20 support kicks off the correction phase.
Source: RHB Securities Research - 22 Jul 2024
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