RHB Investment Research Reports
Trading Stocks - Samchem Holdings
rhbinvest
Publish date: Wed, 27 Dec 2023, 11:46 AM
rhbinvest
0 4,584
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
Samchem Holdings is set for an uptrend reversal after it broke above the MYR0.61 immediate resistance with strong trading volume – forming a “White Marubozu” bullish candlestick. Amid trading above the rising 21-day SMA line, the stock will likely advance towards the MYR0.745 resistance, followed by the next resistance at MYR0.83. Conversely, a drop below the MYR0.58 support would invalidate the bullish setup, falling below the SMA line.
Source: RHB Securities Research - 27 Dec 2023
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
Market Buzz
More articles on RHB Investment Research Reports
Kotra Industries - Earnings Set To Propel Upwards; Upgrade To BUY
Created by rhbinvest | Dec 20, 2024
Pentamaster Corp - PIL’s Privatisation To Fortify Earnings Potential; BUY
Created by rhbinvest | Dec 20, 2024
AEON Credit Service - Dragged Down By Elevated Credit Costs; Still BUY
Created by rhbinvest | Dec 20, 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....
