RHB Retail Research
Trading Stocks - Hartalega
Hartalega was testing the MYR5.13 level in its latest session. A bullish bias may be present above this point, with a target price of MYR5.34, followed by MYR5.50. The stock may take a breather if it cannot breach above the MYR5.13 threshold in the coming sessions. Support may be found at MYR4.80, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 7 Aug 2019
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