RHB Retail Research
Trading Stocks - Wellcall
Wellcall was testing the MYR1.00 level in its latest session. A bullish bias may be present above this point, with a target price of MYR1.05, followed by MYR1.10. The stock may take a breather if it cannot breach above the MYR1.00 mark in the coming sessions. Support may be found at MYR0.94, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 13 Mar 2020
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