RHB Retail Research
Trading Stocks - Revenue Group
Revenue Group has been attempting to break away from the 30-day SMA line in the recent sessions. Towards the upside, an upside breach of the MYR1.40 resistance mark can be seen as a breakout signal from the said SMA line. Subsequent resistance points are pegged at MYR1.48, followed by MYR1.53. A stop-loss can be placed below MYR1.34.
Source: RHB Securities Research - 14 Feb 2020
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