RHB Investment Research Reports
Trading Stocks - Formosa Prosonic Industries
rhbinvest
Publish date: Mon, 11 Mar 2024, 11:29 AM
rhbinvest
0 4,426
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
Formosa Prosonic Industries is eyeing a fresh leg towards the upside after undergoing a bullish breakout. Last Friday, the counter climbed above the MYR3.10 resistance to close at the 1- year high. The latest price action confirms that the bulls have the technical advantage now. The bullish momentum should propel the counter towards MYR3.25, followed by MYR3.45. Towards the downside, breaching below the MYR3 support would lead to the kick-off of a correction phase.
Source: RHB Securities Research - 11 Mar 2024
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
-178.51%More articles on RHB Investment Research Reports
Sunway Construction - Building Up Momentum For Data Centre Job Progress
Created by rhbinvest | Nov 22, 2024
Globetronics Technology - Diversifying Into Memory Products; U/G to TRADING BUY
Created by rhbinvest | Nov 22, 2024
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-11-22 16:30:00
EMA 5
5 Mins
SELL
2024-11-22 15:50:00
EMA 5
5 Mins
BUY
2024-11-22 15:40:00
EMA 5
10 Mins
BUY
2024-11-22 15:25:00
EMA 5
5 Mins
SELL
2024-11-22 15:25:00
MACD/RSI
5 Mins
SELL
Apps
Top Articles
1
Axcapital's investment blog
KAB - Executing its way to a record quarter. Could more Petronas contracts be coming?
3
4
Koon Yew Yin's Blog
6
BFM Podcast
7
8
Koon Yew Yin's Blog
CPO price is rising rapidly as shown by chart below - Koon Yew Yin
#
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....
