RHB Retail Research
Trading Stocks - NTPM
NTPM may rebound higher after it continued holding above the MYR0.465 support. As the stock rose above the 21-day SMA line, this indicates a positive sign. A positive bias may emerge above the MYR0.495 level, with an exit set below the MYR0.465 point. Towards the upside, the immediate resistance is at the MYR0.55 level, followed by the MYR0.575 threshold.
Source: RHB Securities Research - 13 Mar 2020
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