RHB Retail Research
Trading Stocks - MyEG Services
MyEG Services is eyeing towards its 52-week high as it bounced off from its bottom breaching the MYR1.06 resistance yesterday on high volume, and crossing above the 21-day average line. If it manages to stay above that level, the bulls may push it towards MYR1.12, before possibly hitting the 52- week high of MYR1.15. However, falling below the MYR1.02 support – below the 21-day average line – may see the stock descending further.
Source: RHB Securities Research - 10 Dec 2021
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