Apex Healthcare may rebound further after it tested the MYR8.45 support in its latest session. Last Friday’s white candle has engulfed the prior one to form a “Bullish Engulfing” pattern, implying a potential rebound. A bullish bias may appear above the MYR8.70 level, with an exit set below the MYR8.45 threshold. Towards the upside, the near-term resistance is at MYR9.13. This is followed by the MYR9.50 level
Source: RHB Securities Research - 13 May 2019
Chart | Stock Name | Last | Change | Volume |
---|
Created by rhboskres | Aug 26, 2024