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RHB Retail Research

Author: rhboskres   |   Latest post: Fri, 12 Apr 2019, 5:59 PM

 

Technical Analysis - Wah Seong Corporation

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Wah Seong Corporation

Wah Seong Corporation may rebound higher after it continued holding above the MYR1.20 support. This close has sent the stock to its highest close in more than a month, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR1.30 level, with an exit set below the MYR1.20 threshold. Towards the upside, the near-term resistance is at MYR1.40. This is followed by the MYR1.50 level.

Source: RHB Securities Research - 27 Jul 2018

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Labels: WASEONG

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