RHB Retail Research

Trading Stocks - Formosa Prosonic Industries

rhboskres
Publish date: Tue, 10 Dec 2019, 05:39 PM
rhboskres
0 9,021
RHB Retail Research

Formosa Prosonic Industries was testing the MYR1.68 level in its latest session. A bullish bias may be present above this point, with a target price of MYR1.77, followed by MYR1.82. The stock may take a breather if it cannot breach above the MYR1.68 mark in the near term. Support may be found at MYR1.58, where traders can exit upon a breach to limit the downside risk.

Source: RHB Securities Research - 10 Dec 2019

Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment