RHB Retail Research
Trading Stocks - Tex Cycle Technology
Tex Cycle Technology rebounded sharply after it tested the 21- day SMA line during the latest session, and tried to break above the multi-week downtrend line (as drawn in the chart). A positive bias may emerge, should the stock breach above the MYR0.44 resistance level. Our subsequent resistance points are at MYR0.47, followed by MYR0.50. A stop-loss can be set below MYR0.42.
Source: RHB Securities Research - 19 Jun 2020
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
