Bahvest Resources may move higher after it continued holding above the MYR0.65 support. As the stock rose above the 21-day SMA line, this indicates a positive sign. A bullish bias may appear above the MYR0.675 level, with an exit set below the MYR0.65 threshold. Towards the upside, the nearterm resistance is at MYR0.74. This is followed by the MYR0.80 level.
Source: RHB Securities Research - 4 Jul 2019
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Created by rhboskres | Aug 26, 2024