RHB Retail Research
Technical Analysis - Hartalega
Hartalega may move higher after it tested the MYR5.80 support in its latest session. Yesterday’s white candle has formed a “Hammer” pattern, implying a potential rebound. A bullish bias may appear above the MYR6.00 level, with an exit set below the MYR5.80 threshold. Towards the upside, the near-term resistance is at MYR6.45. This is followed by the MYR6.80 level.
Source: RHB Securities Research - 12 Oct 2018
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