RHB Investment Research Reports
Trading Stocks - SDS Group
rhbinvest
Publish date: Wed, 06 Dec 2023, 07:14 PM
rhbinvest
0 4,449
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
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Kuala Lumpur
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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
SDS Group is set to propel northwards, as it broke above the MYR0.685 previous resistance on Monday while maintaining its positive stance yesterday – this firmed up the uptrend movement above the rising 21-day SMA line. The latest bullish momentum may propel the stock towards the next resistance of MYR0.765, followed by MYR0.81. On the other hand, falling below the MYR0.64 support will negate the bullish setup.
Source: RHB Securities Research - 6 Dec 2023
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