Rohas Tecnic was testing the MYR0.665 level in its latest session. A bullish bias may be present above this point with a target price of MYR0.72, followed by MYR0.80. The stock may consolidate further if it cannot break above the MYR0.665 mark in the near term. Support may be found at MYR0.585, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 3 May 2019
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Created by rhboskres | Aug 26, 2024