RHB Retail Research
Trading Stocks - Hume Industries
Hume Industries may rise higher after it breached above the MYR1.20 threshold. The stock has posted a second consecutive white candle, this indicates a positive sign. A positive bias may emerge above the MYR1.20 level, with an exit set below the MYR0.975 threshold. Towards the upside, the immediate resistance is at MYR1.40. This is followed by the MYR1.50 level.
Source: RHB Securities Research - 10 Jun 2019
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