RHB Retail Research
Trading Stocks - RGB International
At the time of writing, RGB International was holding up above the MYR0.18 support, indicating a positive sign. In view that the 21-day SMA line is likely to begin turning upwards, this implies a positive outlook sentiment. A positive bias may emerge above the MYR0.185 level, with an exit set below the MYR0.18 mark. Towards the upside, the immediate resistance is at the MYR0.205 level, followed by the MYR0.215 threshold.
Source: RHB Securities Research - 4 Feb 2020
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