RHB Investment Research Reports
Trading Stocks - Solar District Cooling
rhbinvest
Publish date: Fri, 11 Oct 2024, 10:23 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
Solar District Cooling is poised to extend its bullish trajectory after climbing above the resistance on strong volume. Yesterday, the stock charted a long bullish candlestick, showing strong bullish momentum is in play. After breaking past the MYR0.49 resistance, the counter may continue to travel towards MYR0.515, followed by MYR0.54. In the event it falls below the MYR0.46 support, this will open the door for correction phase.
Source: RHB Securities Research - 11 Oct 2024
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