RHB Retail Research

Trading Stocks - Revenue Group

rhboskres
Publish date: Fri, 18 Oct 2019, 09:35 AM
rhboskres
0 9,021
RHB Retail Research

Revenue Group may rebound further after it tested MYR1.57 support in recent sessions. As the stock marked a higher close vis-à-vis the previous session, this has enhanced the buying momentum. A positive bias may emerge above the MYR1.61 level, with an exit set below the MYR1.57 threshold. Towards the upside, the immediate resistance is at the MYR1.73 level. This is followed by the MYR1.80 threshold.

Source: RHB Securities Research - 18 Oct 2019

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