RHB Retail Research
Trading Stocks - MTAG Group
MTAG Group may climb higher after it breached above the MYR0.445 threshold. With the 21-day SMA line edging upwards, this implies a positive outlook sentiment. An upbeat bias may emerge above the MYR0.445 level, with an exit set below the MYR0.40 mark. Towards the upside, the immediate resistance is at the MYR0.52 level, followed by the MYR0.575 threshold.
Source: RHB Securities Research - 12 May 2020
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