RHB Retail Research

Technical Analysis - Seacera Group

rhboskres
Publish date: Thu, 12 Jul 2018, 05:28 PM
rhboskres
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RHB Retail Research

Seacera Group

Seacera Group may rebound higher after it continued holding above the MYR0.43 support. Yesterday’s white candle sent the stock to its highest close in more than a week, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR0.43 level, with an exit set below the MYR0.43 threshold. Towards the upside, the near-term resistance is at MYR0.54. This is followed by the MYR0.60 level.

Source: RHB Securities Research - 12 Jul 2018

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