RHB Retail Research
Technical Analysis - Merge Energy
Merge Energy formed a long white candle yesterday – an indication of the strong buying momentum. Yesterday’s close has sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR0.46 level, with an exit set below the MYR0.40 threshold. Towards the upside, the near-term resistance is at MYR0.55. This is followed by the MYR0.60 level.
Source: RHB Securities Research - 10 Oct 2018
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
Market Buzz
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
2024-11-26 16:40:00
EMA 5
10 Mins
BUY
2024-11-26 16:40:00
MACD/RSI
10 Mins
BUY
2024-11-26 16:40:00
VOLUME BREAKOUT
10 Mins
BUY
2024-11-26 16:40:00
TURTLE SYSTEM 20
10 Mins
BUY
2024-11-26 16:40:00
VOLUME BREAKOUT
5 Mins
BUY
Apps
Top Articles
1
2
3
THE INVESTMENT APPROACH OF CALVIN TAN
4
save malaysia!
6
Koon Yew Yin's Blog
7
8
Good Articles to Share
Le Pen makes new threat to withdraw support for French government
#
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....
