Saturday 18 May 2024
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KUALA LUMPUR (Sept 7): RHB Retail Research said EG Industries Bhd is showing a good possibility of resuming its upward move following the completion of it correction phase around the 21-day SMA line.

In a trading stocks note today, the research house said a positive bias may emerge above 57 sen with resistance points set at 65 sen followed by 69 sen.

“A stop-loss below 57 sen is recommended,” it said.

 

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