RHB Retail Research
Trading Stocks - Nextgreen Global
Nextgreen Global is set for an uptrend reversal after bouncing above the consolidation phase of MYR1.03 yesterday – printing a long white bullish candlestick. If it stays above that level, buying pressure should continue to propel the stock towards the resistance of MYR1.13, followed by MYR1.22. If it falls below the MYR0.97 support, the momentum may be reversed – below the 21-day average line.
Source: RHB Securities Research - 30 Dec 2021
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