RHB Investment Research Reports

Trading Stocks - Teo Seng Capital

rhbinvest
Publish date: Wed, 18 Sep 2024, 09:47 AM
rhbinvest
0 4,342
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

Teo Seng Capital is poised to continue its bullish trajectory after climbing above the resistance level with strong volume. The counter broke past the MYR2.15 resistance level with a long bullish candlestick, showing that strong bullish momentum is underway. Continuation of the upside movement would see the counter moving towards MYR2.35, followed by the MYR2.60 level. However, a fall below the MYR1.95 support level would resume the correction phase.

Source: RHB Securities Research - 18 Sept 2024

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

Post a Comment