RHB Retail Research

Author: rhboskres   |   Latest post: Mon, 23 Nov 2020, 5:55 PM


Trading Stocks - Boilermech

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Boilermech may rise higher after it formed a second consecutive white candle. This candle has sent the stock to its highest close in more than nine months, thereby enhancing the positive sentiment. A bullish bias may emerge above the MYR0.645 level, with an exit set below the MYR0.61 threshold. Towards the upside, the immediate resistance is at MYR0.70. This is followed by the MYR0.75 level.

Source: RHB Securities Research - 18 Jul 2019

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Chart Stock Name Last Change Volume 
BOILERM 0.845 -0.04 (4.52%) 983,100 

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