RHB Investment Research Reports
Trading Stocks - ES Ceramics Technology
rhbinvest
Publish date: Tue, 19 Dec 2023, 10:50 AM
rhbinvest
0 4,390
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
ES Ceramics Technology is set for an uptrend reversal after undergoing a breakout above the MYR0.22 level yesterday on surging trading volume, above the 21-day SMA line. If the breakout is sustained, the stock is likely to advance towards the MYR0.25 mark, followed by the next resistance point of MYR0.265. Conversely, a drop below the MYR0.19 support would invalidate the bullish setup.
Source: RHB Securities Research - 19 Dec 2023
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