RHB Retail Research

Trading Stocks - HSS Engineers

rhboskres
Publish date: Fri, 17 May 2019, 05:23 PM
rhboskres
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RHB Retail Research

HSS Engineers may rise higher after it formed a third consecutive white candle. Yesterday’s candle can be regarded as a continuation of the rebound that started off 14 May’s “Bullish Engulfing” pattern. A bullish bias may appear above the MYR1.10 level, with an exit set below the MYR0.985 threshold. Towards the upside, the near-term resistance is at MYR1.21. This is followed by the MYR1.29 level.

Source: RHB Securities Research - 17 May 2019

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