RHB Retail Research
Trading Stocks - Homeritz Corporation
Homeritz may rebound higher after it continued holding above the MYR0.60 support. As the stock rose above the 21-day SMA line, this indicates a positive sign. A bullish bias may appear above the MYR0.655 level, with an exit set below the MYR0.60 threshold. Towards the upside, the near-term resistance is at MYR0.70. This is followed by the MYR0.735 level.
Source: RHB Securities Research - 10 Jul 2019
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