RHB Retail Research
Trading Stocks - Powerwell
Powerwell may rise higher after it breached above the MYR0.40 threshold. This upward momentum is likely to continue, given that it has posted a second consecutive white candle. A positive bias may emerge above the MYR0.395 level, with an exit set below the MYR0.34 threshold. Towards the upside, the immediate resistance is at the MYR0.47 mark. This is followed by the MYR0.50 level.
Source: RHB Securities Research - 27 Feb 2020
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
