RHB Retail Research
Trading Stocks - Revenue Group
Revenue Group was testing the MYR1.56 threshold in its latest session. A bullish bias may be present above this point, with a target price of MYR1.62, followed by MYR1.71. The stock may turn sideways if it cannot breach above the MYR1.56 threshold in the coming sessions. Support may be found at MYR1.47, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 2 Oct 2019
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