RHB Retail Research
Technical Analysis - Sasbadi Holdings
Sasbadi has been in consolidation mode over the past two weeks – an upside breach of the MYR0.265 resistance may signal the end of this consolidation and resumption of its rebound. Towards the upside, immediate resistance is marked at MYR0.30, this is followed by MYR0.325. A stop-loss can be placed below the MYR0.235 threshold.
Source: RHB Securities Research - 19 Nov 2018
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