Malaysian Flour Analysis Stock Code: 3662
MFLOUR has experienced a breakout above the RM1.32 level with high volumes. The
MACD Indicator has expanded positively above zero, while the RSI is overbought. Price may rally towards the RM1.42 and RM1.55 levels after a short consolidation. Support will be pegged around the RM1.28 level
MACD Indicator has expanded positively above zero, while the RSI is overbought. Price may rally towards the RM1.42 and RM1.55 levels after a short consolidation. Support will be pegged around the RM1.28 level
.
source: Malacca Securities Research 18/07/16
MALAYAN FLOUR MILLS BHD
The principal activities of the Company are to carry on the business of milling and selling wheat flour and its related products. The principal activities of the subsidiaries are transport management; processing and sale of poultry; breeding and sale of day-old chicks; manufacture and sale of animal feeds and related raw materials; purchase and contract farming of poultry for resale; and milling and selling wheat flour together with its allied products.
The principal activities of the Company are to carry on the business of milling and selling wheat flour and its related products. The principal activities of the subsidiaries are transport management; processing and sale of poultry; breeding and sale of day-old chicks; manufacture and sale of animal feeds and related raw materials; purchase and contract farming of poultry for resale; and milling and selling wheat flour together with its allied products.
MFLOUR (3662) - MFLOUR Technical Analysis
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