RHB Retail Research

Author: rhboskres   |   Latest post: Thu, 11 Jul 2019, 5:16 PM


Trading Stocks - Bahvest Resources

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Bahvest Resources may rise higher after it breached above the MYR0.70 threshold. Yesterday’s candle can be viewed as a continuation of the bulls extending the buying momentum from 10 Jun’s upside gap. A positive bias may emerge above the MYR0.69 level, with an exit set below the MYR0.65 threshold. Towards the upside, the immediate resistance is at MYR0.74. This is followed by the MYR0.80 level.

Source: RHB Securities Research - 13 Jun 2019

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