RHB Retail Research
Trading Stocks - Mega First Corporation
Mega First Corp formed a long white candle, indicating that momentum of buying could be strong. Last Friday’s candle has sent the stock to its new 52-week high, thereby enhancing the positive sentiment. A positive bias may emerge above the MYR5.30 level, with an exit set below the MYR5.07 threshold. Towards the upside, the immediate resistance is at the MYR6.00 mark. This is followed by the MYR6.50 level.
Source: RHB Securities Research - 13 Jan 2020
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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....
