RHB Investment Research Reports

Trading Stocks - Focus Point

rhbinvest
Publish date: Thu, 08 Aug 2024, 09:48 AM
rhbinvest
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Focus Point is poised to extend the technical rebound after breaking past the resistance. The stock has found an interim bottom and climbed above the MYR0.75 resistance with a bullish candlestick. Riding on the renewed momentum, it may test the next resistance at MYR0.795, followed by MYR0.835. In the event it breaches the MYR0.71 support, this will negate the bullish setup.

Source: RHB Securities Research - 8 Aug 2024

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