RHB Retail Research

Technical Analysis - Sapura Energy

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Publish date: Tue, 27 Nov 2018, 10:09 AM
rhboskres
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RHB Retail Research

Sapura Energy tested and rebounded from the support mark of MYR0.345 in its latest trading, signaling the possible return of the buyers at this level. A bullish bias may emerge above this level with the resistance levels expected at MYR0.38 and MYR0.405. For risk management purposes, a stop-loss can be placed at below MYR0.345.

Source: RHB Securities Research - 27 Nov 2018

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