RHB Retail Research
Trading Stocks - Ucrest
Ucrest was testing the MYR0.28 level in its latest session. A bullish bias may be present above this point with a target price of MYR0.30, followed by MYR0.315. The stock may take a breather if it cannot breach above the MYR0.28 threshold decisively in the near term. Support may be found at MYR0.24, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 15 Mar 2019
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