RHB Retail Research

Technical Analysis - Tune Protect Group

rhboskres
Publish date: Tue, 12 Jun 2018, 10:15 AM
rhboskres
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RHB Retail Research

Tune Protect Group may climb higher after posting a long white candle and hitting its highest close in over three months. With the 21-day SMA line edging upwards, this also implies a positive outlook. A bullish bias may emerge above the MYR0.87 level, with an exit set below the MYR0.83 threshold. To the upside, the immediate resistance is at MYR0.99. This is followed by the MYR1.08 level.

Source: RHB Securities Research - 12 Jun 2018

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