RHB Retail Research
Technical Analysis - Revenue Group
Revenue Group has continued to remain above MYR1.02 support in its recent trades, indicating a positive sign. Yesterday’s candle sent the stock to its 3-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR1.12 level, with an exit set below the MYR1.02 threshold. Towards the upside, the near-term resistance is at MYR1.22. This is followed by the MYR1.30 level.
Source: RHB Securities Research - 26 Sept 2018
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