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RHB Investment Research Reports

Author: rhbinvest   |   Latest post: Fri, 19 Apr 2024, 10:36 AM

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

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Trading Stocks - SKB Shutters Corporation

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SKB Shutters Corporation is set to resume its counter-trend rebound as it bounced off the 21-day average line while crossing above the MYR0.40 immediate resistance level – supported by strong volume. The “higher high” bullish pattern is expected to advance the stock towards the MYR0.44 resistance, before reclaiming the recent high at MYR0.455. Meanwhile, a drop below the MYR0.375 support may trigger the resumption of a downward correction, below the average line.

Source: RHB Securities Research - 27 Apr 2022

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Labels: SKBSHUT

Related Stocks

Chart Stock Name Last Change Volume 
SKBSHUT 0.59 -0.01 (1.67%) 516,200 

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