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Rakuten Trade Research Reports

Author: rakutentrade   |   Latest post: Fri, 19 Apr 2024, 10:32 AM

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Technical View - MY E.G Services Berhad

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MY E.G Services Berhad (MYEG, 0138)

• Share price closed 1.69% higher at RM0.90 on Tuesday.

• MYEG has formed a higher low on 12 December. The green Inverted hammer was shown yesterday indicating a desired bullish reversal pattern. Coupled with indicators showing uptick momentum, the share price is expected to propel higher.

• Resistance levels are identified at RM0.955 (R1) and RM0.965 (R2).

• On the flipside, support levels are pegged at RM0.87 (S1) and RM0.825 (S2).

Source: Rakuten Research - 14 Dec 2022

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Labels: MYEG

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Chart Stock Name Last Change Volume 
MYEG 0.77 -0.01 (1.28%) 66,219,300 

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