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.
馬來西亞資源公司正準備延續上漲勢頭，測試支撐位並伴隨着高成交量。
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）的一份筆記中表示，該股票上漲超過了21天SMA線，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.
如果出現突破，勢頭可能會將股票推向MYR0.74，然後是MYR0.80。
On the downside, falling below the MYR0.65 support would resume the correction phase.
如果跌破MYR0.65的支撐位，將恢復調整階段。
Teo Seng Capital is poised to extend the bullish trajectory after staging a bullish breakout.
在進行了看漲性突破後，Teo Seng Capital有望延續看漲趨勢。
Yesterday, the counter rose higher and closed above the MYR1.90 resistance.
昨天，該股票上漲並收於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.
他們觀察到，交易量與股價同時上漲，顯示強勁的看漲勢頭正在加強。
The counter may print a fresh "higher high" to test MYR2.10, followed by MYR2.25.
該股票可能會打印出一個新的“更高高點”，以測試MYR2.10，然後是MYR2.25。
However, a breach below the MYR1.75 support would resume the downward movement.
然而，如果跌破MYR1.75的支撐位，將恢復向下運動。