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RHB Retail Research

Author: rhboskres   |   Latest post: Fri, 17 Jan 2020, 10:25 AM

 

Trading Stocks - Mexter Technology

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Mexter Technology may rebound further after it tested MYR0.36 support recently. Given that the stock has formed a “Bullish Harami” pattern on 28 Dec 2018, this indicates a potential rebound. A bullish bias may emerge above the MYR0.385 level, with an exit set below the MYR0.36 threshold. Towards the upside, the immediate resistance is at MYR0.42. This is followed by the MYR0.46 level.

Source: RHB Securities Research - 3 Jan 2019

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Labels: LYC

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LYC 0.295 -0.005 (1.67%) 72,000 

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