Stock Picks Of The Day: Seng Fong & Elridge Energy
Stock Picks Of The Day: Seng Fong & Elridge Energy
Should the stock break past this resistance, RHB predicts it could rise to RM0.42, followed by RM0.44. On the downside, a dip below RM0.38 could signal a return to the correction phase.Seng Fong is maintaining its bullish trend after breaking through a key resistance level on strong trading volume, according to RHB Research. The stock recently closed above the RM1.20 resistance, forming a long bullish candlestick that reflects robust underlying momentum.
盛丰股票看好趋势，强劲交易量突破重要支撑位，据RHb研究报告。股票最近收盘价高于1.20令吉的阻力位，形成了一根长阳k线，反映了强劲的潜在动量。
RHB analysts project that the stock could rise further to RM1.30 and potentially RM1.45 if this momentum continues. However, a fall below the RM1.07 support level could invalidate the bullish setup.
RHb分析师预测，如果这一势头持续，该股票可能进一步上升至1.30令吉，有望达到1.45令吉。然而，跌破1.07令吉的支撑位可能会使看好设置失效。
Meanwhile, Elridge Energy is approaching a bullish breakout as it tests its immediate resistance at RM0.40. Increasing trading volume suggests that bullish momentum is building.
与此同时，艾力奇能源股票接近看多突破，正在测试0.40令吉的即时阻力位。不断增加的交易量表明看多动能在积聚。
Should the stock break past this resistance, RHB predicts it could rise to RM0.42, followed by RM0.44. On the downside, a dip below RM0.38 could signal a return to the correction phase.
如果该股票突破了此阻力位，RHb预测可能会上升至0.42令吉，然后是0.44令吉。但如果跌破0.38令吉，可能预示着回归调整阶段。
Both stocks display promising technical indicators, making them top picks for traders today.
这两只股票显示出有希望的技术因子，使其成为今天交易员的首选。
