Trading Stocks - FM Global Logistics Holdings - RHB Investment Research Reports

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Author: rhbinvest | Latest post: Tue, 16 Apr 2024, 10:42 AM

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Trading Stocks - FM Global Logistics Holdings

Author: rhbinvest | Publish date: Tue, 7 Jun 2022, 9:27 AM

FM Global Logistics Holdings is staging an uptrend rebound after jumping above the MYR0.59 level last Friday – forming a “higher high” bullish pattern. If it manages to sustain above this level, the stock may propel towards the MYR0.66 resistance, followed by the MYR0.70 resistance level. Momentum may reverse if it drops below the MYR0.545 support level – forming a “lower low” bearish pattern below the 21-day average line.

Source: RHB Securities Research - 7 Jun 2022

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Labels: FM

Related Stocks

Chart	Stock Name	Last	Change	Volume
	FM	0.59	-0.015 (2.48%)	1,113,400

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