Stock Picks Of The Day — Malaysian Resources Corporation, Teo Seng Capital
Stock Picks Of The Day — Malaysian Resources Corporation, Teo Seng Capital
Malaysian Resources Corporation is eyeing to extend the upside movement, testing the immediate resistance with high volume.
马来西亚资源公司正准备延续上涨势头，测试支撑位并伴随着高成交量。
RHB Retail Research (RHB) in a note today (July 19) said the stock climbed above the 21-day SMA line and is poised to break past the MYR0.70 resistance.
RHb零售研究（RHB）在今天（7月19日）的一份笔记中表示，该股票上涨超过了21天SMA线，有望突破MYR0.70的阻力位。
If a breakout occurs, the momentum may lift the stock towards MYR0.74, followed by MYR0.80.
如果出现突破，势头可能会将股票推向MYR0.74，然后是MYR0.80。
On the downside, falling below the MYR0.65 support would resume the correction phase.
如果跌破MYR0.65的支撑位，将恢复调整阶段。
Teo Seng Capital is poised to extend the bullish trajectory after staging a bullish breakout.
在进行了看涨性突破后，Teo Seng Capital有望延续看涨趋势。
Yesterday, the counter rose higher and closed above the MYR1.90 resistance.
昨天，该股票上涨并收于MYR1.90的阻力位之上。
They observed the trading volume is surging in tandem with the share price, showing strong bullish momentum is underway.
他们观察到，交易量与股价同时上涨，显示强劲的看涨势头正在加强。
The counter may print a fresh "higher high" to test MYR2.10, followed by MYR2.25.
该股票可能会打印出一个新的“更高高点”，以测试MYR2.10，然后是MYR2.25。
However, a breach below the MYR1.75 support would resume the downward movement.
然而，如果跌破MYR1.75的支撑位，将恢复向下运动。