RHB Retail Research

Technical Analysis - Scientex

rhboskres
Publish date: Fri, 22 Jun 2018, 05:03 PM
rhboskres
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RHB Retail Research

Scientex may rebound higher after it continued holding above the MYR6.51 support. Yesterday’s candle sent the stock to its 1-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR6.51 level, with an exit set below the MYR6.51 threshold. Towards the upside, the near-term resistance is at MYR7.20. This is followed by the MYR7.54 level.

Source: RHB Securities Research - 22 Jun 2018

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