RHB Retail Research
Trading Stocks - WCT
WCT may move higher after it continued holding above the MYR0.87 support. Given that it has formed a white candle for the second consecutive day, the positive sentiment has been enhanced. A bullish bias may appear above the MYR0.925 level, with an exit set below the MYR0.87 threshold. Towards the upside, the near-term resistance is at MYR1. This is followed by the MYR1.05 level.
Source: RHB Securities Research - 31 May 2019
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