RHB Retail Research
Technical Analysis - Homeritz Corporation
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Homeritz may rebound further after it tested MYR0.675 support recently. Yesterday’s long white candle sent the stock to its 5-month high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR0.71 level, with an exit set below the MYR0.675 threshold. Towards the upside, the near-term resistance is at MYR0.78. This is followed by the MYR0.825 level.
Source: RHB Securities Research - 10 Aug 2018
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