RHB Retail Research

Trading Stocks - MTAG Group

rhboskres
Publish date: Fri, 17 Apr 2020, 04:30 PM
rhboskres
0 9,020
RHB Retail Research

MTAG Group may rebound further after it tested the MYR0.30 support recently. This sent the stock to its highest close in more than a month, thereby enhancing the positive sentiment. An upbeat bias may emerge above the MYR0.345 level, with an exit set below the MYR0.30 mark. Towards the upside, the immediate resistance is at the MYR0.425 level, followed by the MYR0.475 threshold.

 

Source: RHB Securities Research - 17 Apr 2020

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