KUALA LUMPUR (June 29): RHB Retail Research said MY E.G. Services Bhd is set to rebound higher as it managed to sustain above the 88 sen level yesterday following the breakout on Monday – it also reclaimed above the 21-day average line on stronger trading volume. In a trading stocks note today, the research house said the bullish bias above that level may see the stock climb further towards the 93 sen resistance, or June 1’s high, followed by 95.5 sen, or May 5’s high. “If it falls below the support level of 85.5 sen, the stock may trend downwards below the average line,” it said.

Source: The Edge Markets June 28, 2022 23:16 UTC