RHB Retail Research
Technical Analysis - Wah Seong Corporation
Wah Seong Corporation
Wah Seong Corporation may rebound higher after it continued holding above the MYR1.20 support. This close has sent the stock to its highest close in more than a month, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR1.30 level, with an exit set below the MYR1.20 threshold. Towards the upside, the near-term resistance is at MYR1.40. This is followed by the MYR1.50 level.
Source: RHB Securities Research - 27 Jul 2018
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