RHB Investment Research Reports
Trading Stocks - Catcha Digital
rhbinvest
Publish date: Mon, 12 Aug 2024, 09:48 AM
rhbinvest
0 4,008
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
Catcha Digital is poised to continue the bullish trajectory after climbing above the resistance. The counter managed to cross above the MYR0.41 resistance to reactivate the bullish setup. If it stays above this breakout point, we expect a follow-through price action to test the MYR0.44 level, followed by the MYR0.48 mark. On the downside, falling below the MYR0.38 support will resume the correction phase.
Source: RHB Securities Research - 12 Aug 2024
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