RHB Retail Research
Trading Stocks - Tek Seng
Tek Seng is rebounding and about to test the resistance level marked at MYR0.73. Observe that the stock is crossing above the 21-day SMA line, indicating a potential change of trend. If it trades above the resistance, it may climb higher towards the next resistance level at MYR0.78, followed by MYR0.83. Meanwhile, a downward breach of the MYR0.68 support will negate this expectation.
Source: RHB Securities Research - 18 Feb 2021
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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....
