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RHB Retail Research

Author: rhboskres   |   Latest post: Fri, 10 Jan 2020, 5:31 PM

 

Trading Stocks - Only World Group

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Only World Group formed a long white candle, indicating that the momentum of buying could be strong. Yesterday’s candle sent the stock to its 9-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR0.52 level, with an exit set below the MYR0.475 threshold. Towards the upside, the near-term resistance is at MYR0.605. This is followed by the MYR0.65 level.

Source: RHB Securities Research - 25 Jul 2019

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Labels: OWG

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