RHB Retail Research

Technical Analysis - HeveaBoard

rhboskres
Publish date: Wed, 15 Aug 2018, 05:42 PM
rhboskres
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RHB Retail Research

HeveaBoard may rebound higher after it continued holding above the MYR0.86 support. Yesterday’s candle sent the stock to its 2-month high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR0.92 level, with an exit set below the MYR0.86 threshold. To the upside, the near-term resistance is at MYR1.00. This is followed by the MYR1.06 level.

Source: RHB Securities Research - 15 Aug 2018

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