RHB Retail Research
Trading Stocks - Salutica
Salutica formed a white candle after it tested the MYR0.61 support level in recent sessions. This may signal the end of its consolidation phase, and that its multi-week upward move may resume. Towards the upside, the resistance points are pegged at MYR0.70, followed by MYR0.80. A stop-loss can be placed below MYR0.61.
Source: RHB Securities Research - 30 Sept 2019
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