RHB Retail Research
Trading Stocks - Salutica
Salutica was testing the MYR0.905 level in its latest session. A bullish bias may be present above this point, with a target price of MYR0.98, followed by MYR1.10. The stock may take a breather if it cannot breach above the MYR0.905 mark in the coming sessions. Support may be found at MYR0.805, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 3 Feb 2020
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