Dagang Nexchange could move past its consolidation phase of MYR0.77, as it bounced off above the 21-day SMA line on improved trading volume. If it manages to break that level, we expect an uptrend bias to emerge, to propel the stock towards the next resistance of the MYR0.865 recent high, followed by the MYR0.935 multi-week high. Conversely, falling below the MYR0.705 support will cancel this expectation.
Trevor777 @ - u did a fake post or report ... you say/state/report that all TR escapees have been rounded up...BUT BUT there is one lurking around la...
@jelx11,..Sir, this one just managed to breakout today. But he is a jinx to himself la. Keep shouting SEll, sell but price will fly....maybe let him loose for a few days.
Foxconn teams up with Malaysian tech firm DNeX - areas of collaboration to include EVs.
Following the announcement of its collaboration with energy group PTT to build electric vehicles (EVs) in Thailand at the end of last month.
This is expected to pave the way for a strong working relationship between both parties, said DNeX group MD Tan Sri Syed Zainal Abidin Syed Mohamed Tahir. He said potential areas for collaboration between DNeX and Foxconn are semiconductor and downstream products, EVs and businesses related to the EV value chain.
This may be old news but still very much relevant as DNEX will be focussing on EVs in collaboration with Foxconn.
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....
GoodBoy
6,594 posts
Posted by GoodBoy > 2021-09-23 11:15 | Report Abuse
Dagang Nexchange could move past its consolidation phase of MYR0.77, as it bounced off above the 21-day SMA line on improved trading volume. If it manages to break that level, we expect an uptrend bias to emerge, to propel the stock towards the next resistance of the MYR0.865 recent high, followed by the MYR0.935 multi-week high. Conversely, falling below the MYR0.705 support will cancel this expectation.
Source: RHB Securities Research - 17 Sept 2021