FTSE Bursa Malaysia KLCI (^KLSE) 1,646.53 14.83 (0.90%)
updated at: Wed, 09 Dec 2020, 05:25PM MYT

MTAG Group may climb higher, says RHB Retail Research

Original Source From TheEdge Publish at Tue, 12 May 2020, 08:12AM

KUALA LUMPUR (May 12): RHB Retail Research said MTAG Group Bhd may climb higher after it breached above the 44.5 sen threshold.

In a trading stocks note today, the research house said with the 21-day SMA line edging upwards, this implies a positive outlook sentiment.

“An upbeat bias may emerge above the 44.5 sen level, with an exit set below the 40 sen mark.

“Towards the upside, the immediate resistance is at the 52 sen level, followed by the 57.5 sen threshold,” it said.

updated at: Fri, 29 May 2020 MYT
Participation (%)
Bought (MYR)
Sold (MYR)
Net
Foreign
( 24,36 % )
2.31 B 2.23 B 77.37 M
Local Institution
( 39,38 % )
3.66 B 3.67 B 0.00 B
Local Retail
( 36,26 % )
3.34 B 3.41 B -0.07 B