RHB Retail Research

Trading Stocks - QL Resources

rhboskres
Publish date: Mon, 11 Feb 2019, 09:10 AM
rhboskres
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RHB Retail Research

QL Resources was testing the MYR7 level in its latest session. A bullish bias may be present above this point with a target price of MYR7.24, followed by MYR7.50. The stock may take a breather if it cannot breach above the MYR7 mark decisively in the coming sessions. Support may be found at MYR6.70, where traders can exit upon a breach to limit downside risk.

Source: RHB Securities Research - 11 Feb 2019

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