RHB Retail Research

Trading Stocks - Ho Hup Construction

rhboskres
Publish date: Tue, 28 May 2019, 11:51 AM
rhboskres
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RHB Retail Research

Ho Hup Construction may move higher after it continued holding above the MYR0.585 support. As the stock marked a higher close vis-à-vis the previous session, this has enhanced the buying momentum. A bullish bias may appear above the MYR0.585 level, with an exit set below the MYR0.585 threshold. Towards the upside, the near-term resistance is at MYR0.67. This is followed by the MYR0.70 level.

Source: RHB Securities Research - 28 May 2019

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