RHB Retail Research
Trading Stocks - Wegmans Holdings
Wegmans has been extending its upward move over the past 1.5 months and has recently crossed above its downtrend line – suggesting a positive bias. Towards the upside, the immediate resistance is eyed at the MYR0.36 threshold followed by MYR0.38. A stop-loss can be placed below MYR0.32.
Source: RHB Securities Research - 1 Jul 2019
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