RHB Investment Research Reports
Trading Stocks - Mynews
rhbinvest
Publish date: Fri, 06 Dec 2024, 10:32 AM
rhbinvest
0 4,639
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
Mynews is eyeing to continue the upside movement after strong volume has emerged. The counter printed a long white candlestick and closed above the MYR0.68 resistance, signalling bullish momentum is picking up pace. The bullish momentum may lift the stock towards MYR0.71,followed by the higher resistance at MYR0.76 level. On the downside, breaching below the MYR0.635 support will kickstart the correction.
Source: RHB Securities Research - 6 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....
