RHB Retail Research
Technical Analysis - RGB International
RGB International
RGB International may climb higher after posting a long white candle and leaving an upside gap yesterday. With the 21-day SMA line edging upwards, this also implies a positive outlook. A bullish bias may emerge above the MYR0.29 level, with an exit set below the MYR0.27 threshold. Towards the upside, the immediate resistance is at MYR0.32. This is followed by the MYR0.345 level.
Source: RHB Securities Research - 7 Aug 2018
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