Rakuten Trade Research Reports

Technical View - HSS Engineers Bhd (HSSEB, 0185)

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Publish date: Mon, 15 Apr 2019, 10:46 AM
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HSS Engineers Bhd (0185)

  • HSSEB closed 2 sen or 1.65% lower to RM1.19 last Friday.
  • Chart-wise, share price has been trading above its key moving averages signalling a positive buying momentum on the stock.
  • We believe the price has more potential upside as HSSEB is one of the key beneficiaries within the construction and water industry.
  • Resistance levels are identified at RM1.29 (R1) and next level at RM1.38 (R2).
  • On the flipside, support levels are expected of at RM1.15 (S1) and RM1.09 (S2).

Source: Rakuten Research - 15 Apr 2019

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