RHB Retail Research
Technical Analysis - Hartalega
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Hartalega may rebound further after it tested MYR5.70 support recently. Given that it has formed a positive candle for the third consecutive day, the positive sentiment has been enhanced. A bullish bias may emerge above the MYR5.70 level, with an exit set below the MYR5.70 level. Towards the upside, the immediate resistance is at MYR6.12. This is followed by the MYR6.50 level.
Source: RHB Securities Research - 27 Jun 2018
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