RHB Retail Research
Trading Stocks - Bahvest Resources
Bahvest Resources was testing the MYR0.605 level in recent session. A bullish bias may be present above this point, with a target price of MYR0.645, followed by MYR0.67. The stock may consolidate further if it cannot breach above the MYR0.605 threshold in the coming sessions. Support may be found at MYR0.54, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 23 Aug 2019
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