RHB Retail Research
Trading Stocks - MTAG Group
MTAG Group may move higher after it formed a long white candle and breached above the MYR0.40 threshold. With the 21-day SMA line edging upwards, this indicates a positive sign. An upbeat bias may emerge above the MYR0.40 level, with an exit set below the MYR0.355 mark. Towards the upside, the immediate resistance is at the MYR0.485 level, followed by the MYR0.53 threshold.
Source: RHB Securities Research - 28 Apr 2020
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