RHB Retail Research
Trading Stocks - Hume Industries
Hume Industries formed a long white candle, indicating that the momentum of buying could be strong. As the 21-day SMA line is likely to begin turning upwards, this also implies a positive outlook. A bullish bias may emerge above the MYR0.83 level, with an exit set below the MYR0.78 threshold. Towards the upside, the immediate resistance is at MYR0.935. This is followed by the MYR1.00 level.
Source: RHB Securities Research - 29 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....
