RHB Retail Research
Trading Stocks - UWC
UWC’s upside move may persist after it continued holding above the rising 50-day SMA line. As the stock marked a higher close vis-à-vis the previous session, this indicates a positive sign. A positive bias may emerge above the MYR2.60 level, with an exit set below the MYR2.43 point. Towards the upside, the immediate resistance is at the MYR3.09 level, followed by the MYR3.39 threshold.
Source: RHB Securities Research - 3 Mar 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....
