RHB Retail Research
Trading Stocks - MSM Malaysia Holdings
MSM Malaysia Holdings saw strong momentum, and gapped up on high volume while testing the immediate resistance recently. With the renewed momentum, the bulls are attempting to breach above the MYR1.33 immediate resistance level. If this happens, expect the follow-through momentum to lift the stock towards the next hurdle of MYR1.41, followed by MYR1.60. If the stock falls below the MYR1.24 support, this expectation would be nullified.
Source: RHB Securities Research - 21 Jul 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....
