RHB Retail Research

Trading Stocks - Chin Hin Group

rhboskres
Publish date: Tue, 21 Dec 2021, 08:39 AM
rhboskres
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RHB Retail Research

Chin Hin Group is set to move into uncharted territory, as it breached above the MYR2.38 historical high yesterday on stronger trading volume – printing a long white candlestick. The bullish momentum above that level is expected to print a new high level at the MYR2.60 threshold, before possibly reaching the MYR3.00 psychological mark. If it falls below the MYR2.20 support, the momentum may be reversed.

Source: RHB Securities Research - 21 Dec 2021

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