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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Created by rhboskres | Aug 26, 2024