RHB Retail Research
Trading Stocks - Deleum
Deleum may rebound further after it tested MYR1.07 support in recent session. As the stock recently rose above the 21-day SMA line, this indicates a positive sign. A positive bias may appear above the MYR1.13 level, with an exit set below the MYR1.07 threshold. Towards the upside, the near-term resistance is at MYR1.28. This is followed by the MYR1.34 level
Source: RHB Securities Research - 5 Mar 2019
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