RHB Retail Research
Trading Stocks - MyEG Services
MyEG Services surged above the immediate resistance level of MYR1.90, with high trading volume. We think the stock has completed the consolidation, and is now ready to move higher. Underpinned by strong buying interest, the stock is poised to test the next resistance level of MYR2.08, followed by MYR2.18. This positive expectation should remain valid, if the MYR1.80 support is not breached.
Source: RHB Securities Research - 5 Feb 2021
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