RHB Retail Research

Trading Stocks - Apex Healthcare

rhboskres
Publish date: Mon, 13 May 2019, 10:30 AM
rhboskres
0 9,021
RHB Retail Research

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

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