RHB Investment Research Reports

Trading Stocks - Radiant Globaltech

rhbinvest
Publish date: Wed, 17 Jul 2024, 10:03 AM
rhbinvest
0 4,382
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

Radiant Globaltech is eyeing to extend the bullish trajectory after staging a breakout on strong volume. The counter has climbed above the MYR0.38 resistance to print a fresh “higher high” bullish candlestick. The trading volume has been increasing in tandem with the share price, showing that a strong bullish momentum is underway, which should lift the stock towards MYR0.43, followed by MYR0.47. However, a breach below the MYR0.345 support will kick-off the correction phase

Source: RHB Securities Research - 17 Jul 2024

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment