T7 Global may climb higher after posting a long white candle and leaving an upside gap. In view that the 21-day SMA line will likely begin turning upwards, this also implies a positive outlook. A bullish bias may emerge above the MYR0.48 level, with an exit set below the MYR0.425 threshold. Towards the upside, the immediate resistance is at MYR0.565. This is followed by the MYR0.60 level.
Source: RHB Securities Research - 5 Mar 2019
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Created by rhboskres | Aug 26, 2024