RHB Retail Research
Trading Stocks - Focus Lumber
Focus Lumber may rebound further after it tested the MYR1.70 support in its latest session. Given that the stock formed a “Hammer” pattern on 22 Feb, this indicates a potential rebound. A bullish bias may appear above the MYR1.70 level, with an exit set below the MYR1.70 threshold. Towards the upside, the near-term resistance is at MYR1.87. This is followed by the MYR2 level.
Source: RHB Securities Research - 25 Feb 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....
