MAH SING GROUP BHD
Long
Updated

MAHSING - BULLISH HAMMER CANDLESTICK ?

111
MAHSING - CURRENT PRICE : RM1.81

MAHSING is bullish as the share price is above 50 and 200 days EMAs. After declining for two days, today the stock made a bullish hammer candlestick. This scenario may indicate that potential bottom had reached. Aggresive trader may decide to buy on this hammer candle.

ENTRY PRICE : RM1.79 - RM1.81
TARGET PRICE : RM1.92
SUPPORT : RM1.74 (the low of hammer candle)

Notes : MAHSING forged key partnerships with Bridge Data Centres (BDC) to drive the development of state-of-the-art data centre facilities. The Mah Sing DC Hub@Southville City, Bangi currently holds 300 MW of secured power capacity, with an additional 200 MW earmarked for future collaborations, solidifying its role as a major regional data centre hub.
Trade closed: stop reached
Overall market sentiment is weak. Mahsing hit stop loss.

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