RHB Retail Research

Trading Stocks - WTK

rhboskres
Publish date: Tue, 12 Mar 2019, 09:10 AM
rhboskres
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RHB Retail Research

WTK formed a long white candle, indicating that buying momentum could be strong. As the 21-day SMA line is likely to begin turning upwards, this also implies a positive outlook sentiment. A bullish bias may emerge above the MYR0.61 level, with an exit set below the MYR0.57 threshold. Towards the upside, the immediate resistance is at MYR0.685. This is followed by the MYR0.72 level.

Source: RHB Securities Research - 12 Mar 2019

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