RHB Retail Research
Trading Stocks - Southern Steel
Southern Steel may rebound higher after it continued holding above the MYR0.85 support. Yesterday’s candle sent the stock to its 2-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR0.90 level, with an exit set below the MYR0.85 threshold. Towards the upside, the near-term resistance is at MYR1.00. This is followed by the MYR1.05 level.
Source: RHB Securities Research - 24 May 2019
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
