RHB Retail Research

Technical Analysis - Wegmans

rhboskres
Publish date: Thu, 27 Sep 2018, 04:51 PM
rhboskres
0 9,021
RHB Retail Research

Wegmans may rise higher after posting a long white candle and hitting its new 52-week high. In view that the 21-day SMA line is likely to begin turning upwards, this also implies a positive outlook. A bullish bias may emerge above the MYR0.375 level, with an exit set below the MYR0.325 threshold. Towards the upside, the immediate resistance is at MYR0.45. This is followed by the MYR0.50 level.

Source: RHB Securities Research - 27 Sept 2018

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment