PublicInvest Research
Technical Buy - MESB (7234)
PublicInvest
Publish date: Wed, 27 Mar 2024, 11:31 AM
PublicInvest
0 11,440
An official blog in I3investor to publish research reports provided by PublicInvest Research team.
All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp
PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718
All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp
PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718
- Target Price: RM0.470, RM0.490
- Last closing price: RM0.435
- Potential return: 8.0%, 12.6%
- Support: RM0.420
- Stop Loss: RM0.395
Possible for trend reversal. MESB is potentially staging a breakaway from itsdowntrend, with anticipation of continuous improvement in both momentum andtrend in the near term. Should immediate resistance level of RM0.470 be brokenwith renewed buying interest, it may continue to lift price higher to subsequentresistance level of RM0.490.
However, failure to hold on to support level of RM0.420 may indicate weakness in the share price and hence, a cut-loss signal.
Source: PublicInvest Research - 27 Mar 2024
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on PublicInvest Research
Swift Energy Technology Bhd - Automation and Power Systems Provider
Created by PublicInvest | Dec 19, 2024
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
Stock Market Enthusiast
Top 3 AI/Data Center Newsflow for the 3rd Week of December - #TENAGA, #YTL, #YTLPOWER
2
save malaysia!
3
Good Articles to Share
4
Good Articles to Share
5
Good Articles to Share
Gaza ceasefire deal 'closer than ever', says Hamas and two allies
6
Good Articles to Share
Ryan Serhant makes bold pitch to fix the housing ‘affordability crisis’
7
Good Articles to Share
8
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
