RHB Investment Research Reports
Trading Stocks - MN Holdings
rhbinvest
Publish date: Fri, 01 Dec 2023, 11:07 AM
rhbinvest
0 3,885
An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
MN Holdings is resuming its uptrend movement, bouncing off the 21-day SMA line strongly, surpassing the MYR0.545 immediate resistance level – forming a “White Marubozu” bullish candlestick. Amid the fresh “higher high” bullish pattern, the stock is set to climb towards the MYR0.60 mark, then the MYR0.65 level. A fall below the MYR0.48 support would negate the bullish setup.
Source: RHB Securities Research - 1 Dec 2023
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