RHB Retail Research

Trading Stocks - Maxim Global

rhboskres
Publish date: Tue, 01 Dec 2020, 05:47 PM
rhboskres
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RHB Retail Research

Maxim Global’s latest positive price performance was done on strong volume. This signalled the completion of its 1.5-week sideways trading pattern, which took place above the MYR0.295 support level. A positive bias may appear above MYR0.31, with resistance levels pegged at MYR0.355 and MYR0.40. A downside breach of MYR0.31 would cancel this positive bias.

Source: RHB Securities Research - 1 Dec 2020

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