RHB Retail Research
Trading Stocks - DRB-HICOM
DRB-HICOM may move higher after it continued holding above the MYR1.88 support. This close sent the stock to its highest close in more than four months, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR1.96 level, with an exit set below the MYR1.88 threshold. Towards the upside, the near-term resistance is at MYR2.10. This is followed by the MYR2.23 level.
Source: RHB Securities Research - 5 Apr 2019
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