RHB Retail Research
Trading Stocks - Securemetric
Securemetric may climb higher after posting another white candle and leaving an upside gap. With the 21-day SMA line edging upwards, this suggests a likelihood of increasing demand in the near term. A bullish bias may appear above the MYR0.54 level, with an exit set below the MYR0.475 threshold. Towards the upside, the near-term resistance is at MYR0.60. This is followed by the MYR0.65 level.
Source: RHB Securities Research - 12 Mar 2019
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