RHB Retail Research
Technical Analysis - Elsoft Research
Elsoft Research
Elsoft Research may climb higher after posting another white candle and hitting its highest close in more than five months. In view that the 21-day SMA line will likely begin turning upwards, this is a positive sign. A bullish bias may emerge above the MYR2.65 level, with an exit set below the MYR2.52 threshold. To the upside, the immediate resistance is at MYR2.80. This is followed by the MYR2.95 level.
Source: RHB Securities Research - 9 Jul 2018
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