RHB Retail Research
Technical Analysis - Magni-Tech Industries
_20180619170232.jpg)
Magni-Tech Industries may rise higher after it formed a second consecutive white candle. As the 21-day SMA line crossed above the 55-day SMA line recently, this has enhanced the buying momentum. A bullish bias may emerge above the MYR5.20 level, with an exit set below the MYR5.00 threshold. Towards the upside, the immediate resistance is at MYR5.80. This is followed by the MYR6.50 level.
Source: RHB Securities Research - 14 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
MQ Trading Signals
Time
Signal
Duration
Type
2024-11-27 10:00:00
TURTLE SYSTEM 20
30 Mins
SELL
2024-11-27 10:00:00
TURTLE SYSTEM 55
30 Mins
SELL
Apps
Top Articles
1
THE INVESTMENT APPROACH OF CALVIN TAN
2
Koon Yew Yin's Blog
3
save malaysia!
5
6
7
8
Mercury Securities Research
#
Stock
Score
Daily Stocks
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....
