Hartalega may rebound further after it tested the MYR4.92 support in recent session. Yesterday’s white candle sent the stock to its 2-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR5.22 level, with an exit set below the MYR4.92 threshold. Towards the upside, the near-term resistance is at MYR5.80. This is followed by the MYR6.15 level.
Source: RHB Securities Research - 23 Jan 2019
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Created by rhboskres | Aug 26, 2024