RHB Retail Research

Author: rhboskres   |   Latest post: Wed, 19 Feb 2020, 4:44 PM


Trading Stocks - RCE Capital

Author:   |    Publish date:

RCE Capital has been undergoing a possible sideways consolidation in the range of MYR1.70 to MYR1.74 over recent sessions, after it underwent a relatively sharp upward move prior to this. A positive bias could emerge should the stock managed to cross above the MYR1.74 mark. The following resistance points are set at MYR1.85, followed by MYR2.00. A stop-loss can be placed below MYR1.70.

Source: RHB Securities Research - 17 Jan 2020

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