Highlights

RHB Retail Research

Author: rhboskres   |   Latest post: Thu, 14 Nov 2019, 10:09 AM

 

Trading Stocks - Boilermech

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Boilermech formed a long white candle, indicating that the momentum of buying could be strong. This upward momentum is likely to continue, given that it has posted a second consecutive white candle. A bullish bias may appear above the MYR0.68 level, with an exit set below the MYR0.625 threshold. Towards the upside, the near-term resistance is at MYR0.75. This is followed by the MYR0.80 level.

Source: RHB Securities Research - 31 Jul 2019

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Labels: BOILERM

Related Stocks

Chart Stock Name Last Change Volume 
BOILERM 0.625 +0.005 (0.81%) 12,100 

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