RHB Investment Research Reports
Trading Stocks - Malakoff
rhbinvest
Publish date: Mon, 05 Feb 2024, 12:42 PM
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
Malakoff is undergoing consolidation, and is attempting to stage a bullish breakout. We observe that the stock has been moving horizontally below the MYR0.675 resistance. However, trading volume has increased recently, with the bullish momentum picking up pace. If bullish breakout happens, the stock may climb towards MYR0.70, followed by MYR0.73. Conversely, breaching below the MYR0.63 support would kick off the downward movement.
Source: RHB Securities Research - 5 Feb 2024
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
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....
