RHB Investment Research Reports

Trading Stocks - Oriental Kopi

rhbinvest
Publish date: Wed, 05 Feb 2025, 11:10 AM
rhbinvest
0 5,313
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

Oriental Kopi is eyeing to extend the bullish trajectory after staging an upside breakout on high volume. The counter has closed above the MYR0.875 resistance on a long white candlestick, which shows the bullish momentum is gaining pace. If it sustains above the breakout point, we expect a followthrough price action to test the next resistance at MYR0.935, followed by the MYR0.98 level. A fall below the MYR0.835 support will invalidate the bullish setup.

Source: RHB Securities Research - 5 Feb 2025

Related Stocks
Market Buzz
More articles on RHB Investment Research Reports
Trading Stocks - Sunway REIT

Jul 09, 2025

Sunway REIT is on the verge of a bullish breakout, testing key resistance levels. Watch for MYR2.20 as a critical point for potential upward momentum or correction.

Trading Stocks - Winstar Capital

Jul 09, 2025

Winstar Capital shows strong bullish momentum after breaking above MYR0.57, with targets of MYR0.61 and MYR0.645. Monitor MYR0.54 support for potential corrections.

TSH Resources - Limited Growth Visibility

Jul 09, 2025

Market research report on TSH Resources with insights on CPO prices, geopolitical risks, and revised target price recommendations.

Ta Ann - Timber Yet To Make a Turnaround

Jul 09, 2025

Market research report on KLSE Malaysia focusing on Ta Ann and TAH, with insights on CPO prices, geopolitical risks, and future market expectations.

Kuala Lumpur Kepong - Fairly Valued Now; D/G To NEUTRAL

Jul 09, 2025

Market research report downgrades Kuala Lumpur Kepong to NEUTRAL with a target price of MYR20.65, highlighting volatility in CPO prices and sector outlook.

Binastra Corporation - Continuing Its Winning Streak; Stay BUY

Jul 09, 2025

Binastra Corporation secures MYR405m contract from Exsim Jalil Link, maintaining a BUY rating with a target price of MYR2.64, indicating strong growth potential.

Sarawak Oil Palms - Solid Fundamentals, Appealing Valuation; Keep BUY

Jul 09, 2025

Market research report on Sarawak Oil Palms with updated target price and analysis of CPO market dynamics and geopolitical impacts.

AEON Credit Service - A Blast Of Déjà Vu; Still BUY

Jul 09, 2025

Market research report on AEON Credit Service with a BUY recommendation and target price of MYR8.10, highlighting asset quality and growth potential.

Johor Plantations Group- Strong ESG Credentials And Fundamentals; Keep BUY

Jul 09, 2025

Market research report on Johor Plantations Group with a BUY recommendation and target price of MYR1.45, highlighting CPO price volatility and strong ESG performance.

IOI Corp - Undervalued Big Cap; Keep BUY

Jul 09, 2025

Market research report on IOI Corp with a BUY recommendation and target price of MYR4.30, highlighting CPO price volatility and supply-demand dynamics.

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment