RHB Retail Research
Technical Analysis - HSS Engineers
HSS Engineers
HSS Engineers may climb higher after it formed a long white candle and breached above the MYR1.00 threshold. Yesterday’s close sent the stock to its highest close in more than three months, thereby enhancing the positive sentiment. A bullish bias may emerge above the MYR1.05 level, with an exit set below the MYR0.90 threshold. To the upside, the immediate resistance is at MYR1.25. This is followed by the MYR1.48 level.
Source: RHB Securities Research - 21 Aug 2018
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