RHB Investment Research Reports
Trading Stocks - Top Glove Corp
rhbinvest
Publish date: Wed, 20 Nov 2024, 02:21 PM
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
Top Glove Corp is poised to continue the upside movement after climbing above the breakout point. The stock has printed a white candlestick and closed above the MYR1.10 resistance, showing a bullish setup is now in play. After the breakout, the counter should travel towards the next resistance at MYR1.18, followed by the MYR1.24 level. On the downside, a fall belowthe MYR1.05 support negates the bullish setup and kickstarts the correction
Source: RHB Securities Research - 20 Nov 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....
