RHB Retail Research
Trading Stocks - Ho Hup Construction Company
Ho Hup Construction Company may rebound further after it tested MYR0.515 support recently. As the stock rose above the 21-day SMA line, this indicates a positive sign. A bullish bias may appear above the MYR0.55 level, with an exit set below the MYR0.515 threshold. Towards the upside, the nearterm resistance is at MYR0.62. This is followed by the MYR0.67 level.
Source: RHB Securities Research - 12 Jul 2019
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