RHB Retail Research
Trading Stocks - QES Group
QES Group’s upside move may continue after it recently rose above the 21-day SMA line. This candle has sent the stock to its highest point in nearly a month, thereby enhancing the positive sentiment. A bullish bias may emerge above the MYR0.22 level, with an exit set below the MYR0.185 threshold. Towards the upside, the immediate resistance is at MYR0.25. This is followed by the MYR0.28 level.
Source: RHB Securities Research - 10 Jan 2019
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