RHB Retail Research
Trading Stocks - Bermaz Auto
Bermaz Auto may trend higher after it recently hit its new 52- week high. As the stock marked a higher close vis-à-vis the previous sessions since 12 Mar, this indicates a positive sign. A bullish bias may emerge above the MYR2.31 level, with an exit set below the MYR2.10 threshold. Towards the upside, the immediate resistance is at MYR2.50. This is followed by the MYR2.70 level.
Source: RHB Securities Research - 18 Mar 2019
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
