RHB Retail Research

Trading Stocks - Chin Hin Group

rhboskres
Publish date: Wed, 03 Jul 2019, 05:00 PM
rhboskres
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RHB Retail Research

Chin Hin may climb higher after forming another white candle and leaving an upside gap. The upward momentum would likely continue, given that it has recently breached above the downtrend line drawn in the chart. A bullish bias may emerge above the MYR0.765 level, with an exit set below the MYR0.73 mark. Towards the upside, the immediate resistance is at MYR0.81. This is followed by the MYR0.85 level.

Source: RHB Securities Research - 3 Jul 2019

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