RHB Retail Research
Trading Stocks - Homeritz Corporation
Homeritz may rebound higher after it continued holding above the MYR0.60 support. As the stock has formed a long white candle above the 21-day SMA line, the bullish sentiment has been enhanced. A bullish bias may appear above the MYR0.64 level, with an exit set below the MYR0.60 threshold. Towards the upside, the near-term resistance is at MYR0.675. This is followed by the MYR0.70 level.
Source: RHB Securities Research - 21 Mar 2019
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