RHB Retail Research
Trading Stocks - MyEG Services
MyEG Services attempted to break out from the sideway consolidation zone, testing the resistance level of MYR1.44. As trading volume has been picking up in recent sessions, we believe it may stage a breakout soon. If the breakout is successful, the next resistance level should be at MYR1.50, followed by MYR1.57. Meanwhile, a downward breach of the MYR1.36 support should cancel this expectation.
Source: RHB Securities Research - 22 Oct 2020
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