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RHB Retail Research

Author: rhboskres   |   Latest post: Wed, 20 Jan 2021, 5:57 PM

 

Trading Stocks - Binasat Communications

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Binasat Communications has been developing a sideways consolidation phase over the past 1.5 weeks – above the 21- day SMA line – following its prior upward move. An upside breach of the MYR0.375 resistance could see the stock moving towards the MYR0.425 and MYR0.45 resistance levels. A downside breach of MYR0.36 would invalidate this price forecast.

Source: RHB Securities Research - 24 Nov 2020

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Labels: BINACOM

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Chart Stock Name Last Change Volume 
BINACOM 0.39 -0.02 (4.88%) 7,371,400 

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