RHB Retail Research
Trading Stocks - QES Group
QES Group may trend higher after it formed a long white candle and breached above the MYR0.23 threshold. With the 21-day SMA line edging upwards, this also implies a positive outlook sentiment. A positive bias may emerge above the MYR0.23 level, with an exit set below the MYR0.20 threshold. Towards the upside, the immediate resistance is at the MYR0.255 mark. This is followed by the MYR0.265 level.
Source: RHB Securities Research - 30 Oct 2019
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