Bioalpha was testing the MYR0.215 level in its latest session. A bullish bias may be present above this point with a target price of MYR0.225, followed by MYR0.235. The stock may take a breather if it cannot breach above the MYR0.215 threshold in the coming sessions. Support may be found at MYR0.195, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 20 Mar 2019
Created by rhboskres | Aug 26, 2024