RHB Investment Research Reports

Trading Stocks - Opcom Holdings

Publish date: Fri, 01 Apr 2022, 10:03 AM
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Opcom Holdings is poised to resume its uptrend as it surpassed the 21-day average line recently with a mild pullback yesterday. If the bullish momentum re-emerges as the price approaches the MYR0.845 resistance, the stock may rise towards the psychological level of MYR1.00, followed by MYR1.20 - its YTD high. However, the momentum may lose steam if it falls below MYR0.755, beneath the 21-day average line.

Source: RHB Securities Research - 1 Apr 2022

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