RHB Retail Research

Trading Stocks - Mi Technovation

rhboskres
Publish date: Wed, 22 Jan 2020, 03:49 PM
rhboskres
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RHB Retail Research

Mi Technovation may trend higher after it breached above the MYR2.00 threshold. Yesterday’s candle sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR1.98 level, with an exit set below the MYR1.88 threshold. Towards the upside, the immediate resistance is at the MYR2.12 mark. This is followed by the MYR2.20 level.

Source: RHB Securities Research - 22 Jan 2020

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