RHB Retail Research
Trading Stocks - Elsoft Research
Elsoft Research may rebound further after it tested the MYR0.88 support in recent sessions. This upward momentum is likely to continue, as it has posted a third consecutive white candle. A positive bias may emerge above the MYR0.925 level, with an exit set below the MYR0.88 threshold. Towards the upside, the immediate resistance is at the MYR1.03 level. This is followed by the MYR1.08 level.
Source: RHB Securities Research - 24 Jul 2019
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