RHB Retail Research

Author: rhboskres   |   Latest post: Wed, 19 Jun 2019, 5:29 PM


Trading Stocks - Ho Hup Construction Company

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Ho Hup Construction Company’s upside move may persist after it continued holding above the rising 21-day SMA line. Yesterday’s candle can be viewed as a continuation of the bulls extending the buying momentum from 6 May’s upside gap. A bullish bias may appear above the MYR0.525 level, with an exit set below the MYR0.48 threshold. Towards the upside, the near-term resistance is at MYR0.60. This is followed by the MYR0.645 level.

Source: RHB Securities Research - 10 May 2019

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Labels: HOHUP

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HOHUP 0.555 -0.015 (2.63%) 1,788,500 

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