Highlights

RHB Retail Research

Author: rhboskres   |   Latest post: Fri, 3 Apr 2020, 5:05 PM

 

Trading Stocks - QL Resources

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QL Resources was testing the MYR8.35 level in its latest session. A bullish bias may be present above this point, with a target price of MYR8.60, followed by MYR9.00. The stock may consolidate further if it cannot breach above the MYR8.35 mark decisively in the coming sessions. Support may be found at MYR8.00, where traders can exit upon a breach to limit the downside risk. JHM Consolidation was testing the MYR1.54 level in the recent session. A bullish bias may be present above this point, with a target price of MYR1.64, followed by MYR1.76. The stock may take a breather if it cannot breach above the MYR1.54 mark in the near term. Support may be found at MYR1.41, where traders can exit upon a breach to minimise the downside risk

Source: RHB Securities Research - 13 Feb 2020

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Labels: QL

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Chart Stock Name Last Change Volume 
QL 7.95 0.00 (0.00%) 797,400 

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