RHB Retail Research
Technical Analysis - QES Group
QES Group
QES Group may rise higher after recording a long white candle for a second consecutive session. Last Friday’s close has sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR0.25 level, with an exit set below the MYR0.225 threshold. To the upside, the near-term resistance is at MYR0.28. This is followed by the MYR0.30 level.
Source: RHB Securities Research - 20 Aug 2018
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