RHB Retail Research

Trading Stocks - Westports

rhboskres
Publish date: Thu, 29 Aug 2019, 10:00 AM
rhboskres
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RHB Retail Research

Westports may trend higher after it formed a white candle and breached above the MYR4.10 threshold. With the 21-day SMA line edging upwards, this also implies a positive outlook sentiment. A positive bias may emerge above the MYR4.10 level, with an exit set below the MYR3.84 threshold. Towards the upside, the immediate resistance is at the MYR4.30 level. This is followed by the MYR4.50 mark.

Source: RHB Securities Research - 29 Aug 2019

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