RHB Retail Research

Trading Stocks - Poh Huat Resources

rhboskres
Publish date: Thu, 07 Mar 2019, 05:33 PM
rhboskres
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RHB Retail Research

Poh Huat Resources may rise higher after it breached above the MYR1.60 threshold. Yesterday’s close sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A bullish bias may emerge above the MYR1.60 level, with an exit set below the MYR1.54 threshold. Towards the upside, the immediate resistance is at MYR1.72. This is followed by the MYR1.80 level.

Source: RHB Securities Research - 7 Mar 2019

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