RHB Investment Research Reports
Trading Stocks - Kossan Rubber Industries
rhbinvest
Publish date: Thu, 05 Dec 2024, 09:10 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
Kossan Rubber Industries is poised to continue the upside movement after climbing above the key resistance. The counter has printed a long white candlestick and closed above the MYR2.50 resistance, showing strong bullish momentum is in play. The momentum may propel the counter towards MYR2.70, followed by the MYR3 mark. On the other hand, falling below the MYR2.30 support will kickstart the correction.
Source: RHB Securities Research - 5 Dec 2024
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
