TEO SENG CAPITAL BERHAD Stock Code: 7252
Teo Seng was testing the downtrend line and MYR1.82 resistance level in its latest session. Traders may buy if this level is surpassed in the near term with a target price of MYR2.05. In the meantime, the stock may drift sideways if the MYR1.82 level cannot be surpassed. In this scenario, further support may then be found at MYR1.69, where traders can exit upon a breach.
TEO SENG CAPITAL BERHAD
The Company is an investment holding company principally involved in poultry farming. Teo Seng’s activities predominantly revolve around layer farming which refers to the practice of rearing chickens to produce eggs.