RHB Retail Research

Trading Stocks - MTAG Group

rhboskres
Publish date: Wed, 29 Jan 2020, 05:24 PM
rhboskres
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RHB Retail Research

MTAG staged a positive intraday price reversal after it tested the MYR0.49 support mark. At the close, it crossed above the MYR0.54 resistance mark. A positive bias may emerge above this level with subsequent resistance points pegged at MYR0.565 and MYR0.635. A stop-loss can be placed below MYR0.53

Source: RHB Securities Research - 29 Jan 2020

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