RHB Retail Research

Technical Analysis - UMW Holdings

rhboskres
Publish date: Wed, 14 Nov 2018, 09:04 AM
rhboskres
0 9,021
RHB Retail Research

UMW Holdings formed a white candle in the latest session as it managed to reverse from its intra-day low of MYR4.37 – which indicates that the bulls may emerge at this level. A bullish bias may arise above this intraday low point with the immediate resistance expected at MYR4.86, followed by MYR5.45. A stop loss can be placed below MYR4.37.

Source: RHB Securities Research - 14 Nov 2018

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment