RHB Retail Research

Trading Stocks - HSS Engineers

rhboskres
Publish date: Thu, 03 Jan 2019, 05:20 PM
rhboskres
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RHB Retail Research

HSS Engineers formed a long white candle, indicating that the momentum of buying could be strong. This close sent the stock to its highest close in more than a month, thereby enhancing the positive sentiment. A bullish bias may emerge above the MYR0.87 level, with an exit set below the MYR0.79 threshold. Towards the upside, the immediate resistance is at MYR0.995. This is followed by the MYR1.06 level.

Source: RHB Securities Research - 3 Jan 2019

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