RHB Retail Research
Technical Analysis - Sig Gases
Sig Gases may climb higher after it recently recovered above the MYR0.90 threshold. Yesterday’s candle sent the stock to its highest close in more than six months, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR0.90 level, with an exit set below the MYR0.83 threshold. To the upside, the near-term resistance is at MYR1.00. This is followed by the MYR1.07 level.
Source: RHB Securities Research - 4 Oct 2018
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