RHB Retail Research
Trading Stocks - DKSH
DKSH formed a long white candle, indicating that the momentum of buying could be strong. Yesterday’s candle sent the stock to its 3-month high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR2.60 level, with an exit set below the MYR2.47 threshold. Towards the upside, the immediate resistance is at the MYR2.76 mark. This is followed by the MYR2.90 level.
Source: RHB Securities Research - 31 Oct 2019
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