RHB Retail Research
Trading Stocks - Revenue Group
Revenue Group may rebound higher after it continued holding above the MYR2.00 support. Yesterday’s candle sent the stock to its 1-week high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR2.09 level, with an exit set below the MYR2.00 threshold. Towards the upside, the immediate resistance is at the MYR2.30 mark. This is followed by the MYR2.50 level.
Source: RHB Securities Research - 18 Dec 2019
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