RHB Retail Research
Technical Analysis - Westports
Westports
Westports may climb higher after posting a long white candle and hitting its highest close in more than three months. With the 21-day SMA line edging upwards, this also implies a positive outlook. A bullish bias may emerge above the MYR3.50 level, with an exit set below the MYR3.28 threshold. Towards the upside, the immediate resistance is at MYR3.80. This is followed by the MYR4.00 level.
Source: RHB Securities Research - 27 Jul 2018
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