RHB Retail Research

Technical Analysis - Tomypak

rhboskres
Publish date: Fri, 28 Sep 2018, 04:47 PM
rhboskres
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RHB Retail Research

Tomypak may rebound further after it tested MYR0.67 support in its recent sessions. As the stock rose above the 21-day SMA line lately, this indicates a positive sign. A bullish bias may appear above the MYR0.715 level, with an exit set below the MYR0.67 threshold. Towards the upside, the near-term resistance is at MYR0.78. This is followed by the MYR0.82 level.

Source: RHB Securities Research - 28 Sept 2018

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