RHB Retail Research
Trading Stocks - Homeritz Corporation
Homeritz may climb higher after it tested the MYR0.615 support in its latest session. In view that the 21-day SMA line is likely to begin turning upwards, this also implies a positive outlook sentiment. A bullish bias may emerge above the MYR0.615 level, with an exit set below the MYR0.615 threshold. Towards the upside, the immediate resistance is at MYR0.665. This is followed by the MYR0.70 level.
Source: RHB Securities Research - 9 May 2019
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