RHB Retail Research
Trading Stocks - Elsoft Research
Elsoft Research was testing the MYR0.995 level in its latest session. A bullish bias may be present above this point with a target price of MYR1.04, followed by MYR1.09. The stock may consolidate further if it cannot breach above the MYR0.995 mark in the near term. Support may be found at MYR0.945, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 3 Apr 2019
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