T7 Global may rebound further after it tested MYR0.495 support recently. Given that the stock has formed a “Bullish Harami” pattern on 12 Mar, this indicates a potential rebound. A bullish bias may appear above the MYR0.495 level, with an exit set below the MYR0.495 threshold. Towards the upside, the near-term resistance is at MYR0.585. This is followed by the MYR0.645 level.
Source: RHB Securities Research - 13 Mar 2019
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Created by rhboskres | Aug 26, 2024