RHB Retail Research

Author: rhboskres   |   Latest post: Fri, 17 Jan 2020, 9:43 AM


Trading Stocks - FoundPac Group

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FoundPac Group may rise higher after it breached above the MYR0.355 threshold. This upward momentum is likely to continue, given that it has formed a second consecutive white candle. A bullish bias may emerge above the MYR0.355 level, with an exit set below the MYR0.325 threshold. Towards the upside, the immediate resistance is at MYR0.39 level. This is followed by the MYR0.44 level.

Source: RHB Securities Research - 21 Aug 2019

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