MN Holdings (MNHLDG | 0245)
Last Price: RM0.97 | Technical Call: BUY
Support 1: RM0.95 | Resistance 1: RM1.05 |
Support 2: RM0.89 | Resistance 2: RM1.10 |
Shariah Compliant: Yes | Sector: Construction |
MN Holdings' buying interest is back after it broke out of the 2-week bullish flag pattern with a positive candle yesterday. As the
20-day and 50-day EMAs have confirmed their bullish crossover two weeks ago, the stock looks positive in the near term. A bullish bias may emerge above the RM0.95 level with stop-loss set at RM0.88, below the 29 Oct low. Towards the upside, near- term resistance level is seen at RM1.05, followed by RM1.10.
Entry: RM0.95-0.97
Target: RM1.05, RM1.10
Exit: RM0.88
Source: AmInvest Research - 19 Nov 2024
Chart | Stock Name | Last | Change | Volume |
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Created by AmInvest | Nov 18, 2024
Created by AmInvest | Nov 15, 2024