RHB Investment Research Reports
Trading Stocks - RGB International
rhbinvest
Publish date: Thu, 01 Aug 2024, 09:59 AM
rhbinvest
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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 is eyeing to stage a technical rebound, testing the immediate resistance. The counter is undergoing correction and consolidating below the MYR0.43 resistance. If it breaks past the immediate resistance, bullish bias will emerge. In this case, the counter would climb towards MYR0.455, followed by MYR0.485. Conversely, falling below the MYR0.405 support will resume the correction phase.
Source: RHB Securities Research - 1 Aug 2024
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