RHB Investment Research Reports
Trading Stocks - RGB International
rhbinvest
Publish date: Fri, 12 Apr 2024, 10:41 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
RGB International has staged a bullish breakout and is eyeing to extend the upside movement. The stock has climbed above the MYR0.34 resistance on strong volume. After the breakout, we expect a follow-through price action to test the next resistance at MYR0.38, followed by the MYR0.42 level. Conversely, a breach below the MYR0.31 support negates the bullish setup.
Source: RHB Securities Research - 12 Apr 2024
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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....
