RHB Retail Research
Trading Stocks - Omesti
Omesti may rebound further after it tested the MYR0.575 support in its latest session. Yesterday’s candle formed a “Hammer” pattern, implying a potential rebound. A positive bias may emerge above the MYR0.615 level, with an exit set below the MYR0.575 mark. Towards the upside, the immediate resistance is at the MYR0.715 level, followed by the MYR0.75 threshold.
Source: RHB Securities Research - 3 Mar 2020
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