RHB Retail Research

Trading Stocks - Westports

rhboskres
Publish date: Fri, 07 Jun 2019, 05:10 PM
rhboskres
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RHB Retail Research

Westports was testing the MYR4.00 level recently. A bullish bias may be present above this point with a target price of MYR4.20, followed by MYR4.50. The stock may take a breather if it cannot breach above the MYR4.00 threshold decisively in the near term. Support may be found at MYR3.69, where traders can exit upon a breach to minimise the downside risk.

Source: RHB Securities Research - 7 Jun 2019

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