RHB Retail Research
Trading Stocks - NTPM
NTPM may climb higher after it formed a second consecutive white candle. Yesterday’s candle sent the stock to its 6-month high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR0.455 level, with an exit set below the MYR0.43 threshold. Towards the upside, the immediate resistance is at the MYR0.50 level. This is followed by the MYR0.54 level.
Source: RHB Securities Research - 9 Oct 2019
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