RHB Retail Research
Trading Stocks - Salutica
Salutica was testing the MYR0.80 level in its latest session. A bullish bias may be present above this point, with a target price of MYR0.88, followed by MYR0.98. The stock may take a breather if it cannot breach above the MYR0.80 threshold decisively in the coming sessions. Support may be found at MYR0.70, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 26 Dec 2019
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