RHB Retail Research
Trading Stocks - QL Resources
QL Resources may climb higher after it breached above the MYR7.50 threshold. This close has sent the stock to its new 52- week high, thereby enhancing the positive sentiment. A positive bias may emerge above the MYR7.50 level, with an exit set below the MYR7.35 threshold. Towards the upside, the immediate resistance is at the MYR8.00 mark. This is followed by the MYR8.50 level.
Source: RHB Securities Research - 11 Dec 2019
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