RHB Retail Research
Technical Analysis - Sam Engineering & Equipment (M)
Sam Engineering & Equipment’s upside move may persist after it continued holding above the rising 21-day SMA line. Given that the stock has formed a “Hammer” pattern on 11 Oct, this indicates a potential rebound. A bullish bias may emerge above the MYR7.80 level, with an exit set below the MYR7.40 threshold. Towards the upside, the immediate resistance is at MYR8.38. This is followed by the MYR8.50 level.
Source: RHB Securities Research - 24 Oct 2018
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
146.41%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
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-11-26 15:40:00
EMA 5
5 Mins
SELL
2024-11-26 15:25:00
EMA 5
5 Mins
BUY
2024-11-26 14:55:00
EMA 5
5 Mins
SELL
2024-11-26 14:40:00
ADX
5 Mins
SELL
2024-11-26 14:35:00
EMA 5
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....
