RHB Retail Research

Trading Stocks - Bahvest Resources

rhboskres
Publish date: Fri, 21 Jun 2019, 05:07 PM
rhboskres
0 9,021
RHB Retail Research

Bahvest Resources may rebound further after it tested MYR0.67 support recently. In view that the 21-day SMA line will likely begin turning upward, this is an indication of a positive sign. A bullish bias may appear above the MYR0.67 level, with an exit set below the MYR0.67 threshold. Towards the upside, the near-term resistance is at MYR0.74. This is followed by the MYR0.80 level.

Source: RHB Securities Research - 21 Jun 2019

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