RHB Retail Research
Trading Stocks - FoundPac Group
FoundPac Group was testing the MYR0.355 level in its latest session. A bullish bias may be present above this point, with a target price of MYR0.375, followed by MYR0.39. The stock may take a breather if it cannot breach above the MYR0.355 threshold decisively in the coming sessions. Support may be found at MYR0.325, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 15 Aug 2019
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