RHB Retail Research

Trading Stocks - Bahvest Resources

rhboskres
Publish date: Fri, 10 May 2019, 05:55 PM
rhboskres
0 9,021
RHB Retail Research

Bahvest Resources may rebound higher after it tested MYR0.62 support in its latest session. As the stock climbed above the 21-day SMA line, the positive sentiment has been enhanced. A bullish bias may appear above the MYR0.62 level, with an exit set below the MYR0.62 threshold. Towards the upside, the near-term resistance is at MYR0.675. This is followed by the MYR0.705 level.

Source: RHB Securities Research - 10 May 2019

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