RHB Retail Research
Trading Stocks - Omesti
Omesti may climb higher after posting a long white candle and leaving an upside gap. This close has sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR0.58 level, with an exit set below the MYR0.55 threshold. Towards the upside, the immediate resistance is at the MYR0.65 mark, followed by the MYR0.70 level.
Source: RHB Securities Research - 17 Feb 2020
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