RHB Retail Research
Technical Analysis - Borneo Aqua
Borneo Aqua has been trading above the MYR0.955 support mark over the past one month, near the declining 30-day SMA line. A bullish bias may emerge above this threshold. Traders may exit upon a breach of this support level. Towards the upside, immediate resistance is pegged at MYR1.11, followed by MYR1.18.
Source: RHB Securities Research - 15 Nov 2018
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