RHB Retail Research
Trading Stocks - MCT
MCT exhibited a positive price action after it recoiled from the nearest support level. As the stock is trading above the resistance-turned-support level of MYR0.225, and forming a “higher low”, the uptrend remains intact. If the bullish momentum picks up, the stock may retest the resistance of MYR0.26, followed by MYR0.275. A breakdown below the MYR0.215 support would negate this expectation.
Source: RHB Securities Research - 25 Mar 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....
