RHB Retail Research
Trading Stocks - Revenue Group
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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