RHB Retail Research
Trading Stocks - Bahvest Resources
Bahvest Resources was testing the MYR0.66 level in its latest session. A bullish bias may be present above this point with a target price of MYR0.705, followed by MYR0.74. The stock may take a breather if it cannot breach above the MYR0.66 mark in the coming sessions. Support may be found at MYR0.575, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 2 May 2019
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