RHB Retail Research
Trading Stocks - Bahvest Resources
Bahvest Resources may rise higher after it breached above the MYR0.455 threshold. This upward momentum is likely to continue, given that it has posted a second consecutive white candle. A bullish bias may emerge above the MYR0.455 level, with an exit set below the MYR0.40 threshold. Towards the upside, the immediate resistance is at MYR0.525. This is followed by the MYR0.555 level.
Source: RHB Securities Research - 4 Feb 2019
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