RHB Retail Research
Trading Stocks - Malaysia Marine and Heavy Engineering
Malaysia Marine and Heavy Engineering’s buying momentum may have returned after it rose above the 21-day SMA line. This can be viewed as a continuation of the bulls extending the rebound from 8 Oct’s “Hammer” pattern. A positive bias may emerge above the MYR0.835 level, with an exit set below the MYR0.80 threshold. Towards the upside, the immediate resistance is at the MYR0.895 level. This is followed by the MYR0.93 level.
Source: RHB Securities Research - 11 Oct 2019
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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....
