RHB Retail Research
Trading Stocks - Revenue Group
Revenue Group may rebound further after it tested the MYR1.46 support in its latest session. In view of the positive slope of the 55-day SMA line, this also implies a positive outlook. A bullish bias may emerge above the MYR1.46 level, with an exit set below the MYR1.46 threshold. Towards the upside, the immediate resistance is at MYR1.63. This is followed by the MYR1.71 level.
Source: RHB Securities Research - 7 Aug 2019
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