HSS Engineers may rebound further after it tested MYR0.89 support in recent sessions. As the stock rose above the 21- day SMA line, this indicates a positive sign. A bullish bias may appear above the MYR0.97 level, with an exit set below the MYR0.89 threshold. Towards the upside, the near-term resistance is at MYR1.15. This is followed by the MYR1.29 level.
Source: RHB Securities Research - 5 Oct 2018
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Created by rhboskres | Aug 26, 2024