RHB Retail Research
Technical Analysis - Magnum
Magnum
Magnum was testing the MYR2.20 level in recent trades. A bullish bias may be present above this point with a target price of MYR2.32, followed by MYR2.40. The stock may consolidate further if it cannot breach above the MYR2.20 threshold decisively in the near term. Support may be found at MYR2.05, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 8 Jun 2018
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on RHB Retail Research
Duopharma Biotech - Lacking Near-Term Re-Rating Catalysts; D/G NEUTRAL
Created by rhboskres | Aug 26, 2024
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
.png)
Apps
Top Articles
1
AmInvest Research Reports
2
3
Rockstone Investment
Binastra Corp Bhd – A Promising Investment in Construction in 2025
4
save malaysia!
5
8
CEO Morning Brief
China Probes Calvin Klein Parent Over Suspected Xinjiang Boycott
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
