RHB Retail Research
Trading Stocks - MTAG Group
MTAG Group may move higher after it tested the MYR0.58 support recently. As the 21-day SMA line is likely to turn higher, the bullish sentiment has been enhanced. A positive bias may emerge above the MYR0.60 level, with an exit set below the MYR0.58 threshold. Towards the upside, the immediate resistance is at the MYR0.67 mark. This is followed by the MYR0.70 level.
Source: RHB Securities Research - 13 Nov 2019
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