RHB Retail Research
Technical Analysis - WCE
WCE may rebound further after it tested the MYR0.62 support in recent sessions. The stock has posted a long white candle and left an upside gap, which is a positive sign. A bullish bias may appear above the MYR0.67 level, with an exit set below the MYR0.62 threshold. Towards the upside, the near-term resistance is at MYR0.73. This is followed by the MYR0.765 level.
Source: RHB Securities Research - 23 Nov 2018
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