RHB Retail Research
Technical Analysis - Sapura Energy
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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