RHB Investment Research Reports
Trading Stocks - Topmix
rhbinvest
Publish date: Mon, 02 Sep 2024, 09:58 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
Topmix is eyeing to extend its upside movement after staging a bullish breakout. The stock broke past the MYR0.515 resistance with a long bullish candlestick. The latest price action suggests the bullish momentum is gaining traction. Riding on this renewed momentum, the counter should climb towards MYR0.545, followed by the MYR0.57 level. If it breaches the MYR0.48 support, the bullish setup will be negated.
Source: RHB Securities Research - 2 Sept 2024
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