RHB Retail Research
Trading Stocks - Advancecon
Advancecon may rebound further after it tested the MYR0.39 support in recent sessions. The stock has posted another white candle and left an upside gap – which points to a positive sign. A positive bias may emerge above the MYR0.415 level, with an exit set below the MYR0.39 threshold. Towards the upside, the immediate resistance is at the MYR0.45 mark. This is followed by the MYR0.48 level.
Source: RHB Securities Research - 20 Nov 2019
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