RHB Retail Research
Trading Stocks - Hume Industries
Hume Industries may move higher after it tested the MYR1.55 support lately. Given that it has formed a white candle for the second consecutive day, the positive sentiment has been enhanced. A positive bias may emerge above the MYR1.70 level, with an exit set below the MYR1.55 threshold. Towards the upside, the immediate resistance is at the MYR2.00 mark, followed by the MYR2.20 level
Source: RHB Securities Research - 24 Feb 2020
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