RHB Retail Research

Technical Analysis - WCT

rhboskres
Publish date: Wed, 14 Nov 2018, 09:02 AM
rhboskres
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RHB Retail Research

WCT has been trading above the MYR0.77 mark over the past six months – indicating that the “Bullish Harami” formation that appeared on 21 May is still in force. A positive bias may emerge above this point with an exit set below the same level. Towards the upside, immediate resistance may emerge at MYR0.96. This is followed by MYR1.10.

Source: RHB Securities Research - 14 Nov 2018

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