RHB Retail Research
Trading Stocks - Formosa Prosonic Industries
Formosa Prosonic Industries rose higher to test the immediate resistance of MYR1.57. If it breaches the resistance level, it should breakout from the downtrend line. If this happens, a positive bias is likely to emerge and send the share price towards MYR1.64, followed by MYR1.70. A downside breach of the MYR1.49 support would negate this expectation, and the stock may fall back into a sideways consolidation mode.
Source: RHB Securities Research - 19 Oct 2020
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
-178.51%More articles on RHB Retail Research
Duopharma Biotech - Lacking Near-Term Re-Rating Catalysts; D/G NEUTRAL
Created by rhboskres | Aug 26, 2024
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
2
4
save malaysia!
Visa-free travel to China extended for Malaysians to 30 days
5
6
7
BFM Podcast
8
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
