RHB Retail Research
Trading Stocks - Dancomech
Dancomech formed a long white candle, indicating that the momentum of buying could be strong. With the 21-day SMA line edging upwards, this suggests a likelihood of increasing demand in the near term. A bullish bias may emerge above the MYR0.535 level, with an exit set below the MYR0.49 threshold. Towards the upside, the immediate resistance is at MYR0.60. This is followed by the MYR0.68 level.
Source: RHB Securities Research - 4 Mar 2019
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
