RHB Retail Research
Technical Analysis - Hartalega
Hartalega was testing the MYR6.45 level in recent sessions. A bullish bias may be present above this point with a target price of MYR6.68, followed by MYR6.88. The stock may consolidate further if it cannot breach above the MYR6.45 mark in the coming sessions. Support may be found at MYR6.09, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 12 Dec 2018
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