Our in-house experts provide daily technical analysis to assist investors in making informed trading decisions and enhancing their trading strategy.

Here's a summary of the technical analysis for 25Oct23:

1. Stock Name: Telefonica Brasil SA ( $Telefonica Brasil S.A. Sponsored ADR Pfd VIV$ )

Telefonica Brasil, S.A. is a telecommunications company which provides services for fixed and mobile telephony, data transmission and VAS, pay TV, among others. The Company is part of the Telefonica Group, a communication conglomerate with presence in multiple countries.

Entry: Buy above $9.10
Target: $9.70 (6.6%), $10.00 (9.9%)
Stop: $8.95 (-1.6%)
Shariah: No
Technical: Flag-formation breakout

2. Stock Name: BellRing Brands Inc ( $BellRing Brands BRBR$ )

BellRing Brands, Inc. operates as a nutrition company. The Company sells protein, dymatize, and powerbar products. BellRing Brands serves customers worldwide.

Entry: Buy above $44.50
Target: $45.80 (2.9%), $47.40 (6.5%)
Stop: $43.30 (-2.7%)
Shariah: Yes
Technical: Flag-formation breakout

Source: Bloomberg, M+ Global (Malacca Securities)

More about Loui:

Loui Low leads a team of analysts to perform equity and economic research and to provide investment advisory services to the organization's sales team, fund manager and retail fraternity. He has more than 10 years of experience in the stockbroking industry.

He graduated with a Bachelor of Science in Statistics from University of Malaya. He also holds an STA Diploma and is a member of the Society of Technical Analysts (MSTA) United Kingdom.

More about the tech tracker :

Our technical analysis section is updated daily and features insights from our expert analyst, Loui, on the stock market. Traders may find some trading inspiration from Loui's views.

More Insights from Loui:

· M+ Global Tech Tracker - 10Oct23

· M+ Global Tech Tracker - 12Oct23

· M+ Global Tech Tracker - 18Oct23

· M+ Global Tech Tracker - 19Oct23

· M+ Global Tech Tracker - 23Oct23

· M+ Global Tech Tracker - 24Oct23

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