RHB Retail Research
Technical Analysis - Wah Seong Corporation
Wah Seong may rebound further after it tested the MYR0.975 support in recent sessions. Yesterday’s white candle sent the stock to its 2-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR1.05 level, with an exit set below the MYR0.975 threshold. Towards the upside, the near-term resistance is at MYR1.20. This is followed by the MYR1.30 level.
Source: RHB Securities Research - 27 Sept 2018
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