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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 - UWC

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UWC is set for an upward rebound as it broke above the MYR3.42 resistance on stronger volume yesterday – printing a “White Marubozu” bullish candlestick. If the bullish momentum persists, the stock may climb further towards the immediate resistance at MYR3.80 – or the high of 7 Apr – before heading towards MYR4.08, or the high of 5 Apr. If it falls below the support level of MYR3.24, the stock may trend downwards, below the average line.

Source: RHB Securities Research - 21 Jul 2022

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Labels: UWC

Related Stocks

Chart Stock Name Last Change Volume 
UWC 2.93 -0.06 (2.01%) 604,600 

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