RHB Retail Research
Trading Stocks - Ranhill Holdings
Ranhill formed a “long-legged Doji” in the latest session as it managed to settle well above its intraday low of MYR0.885. Should the MYR0.97 resistance be breached in the coming sessions, this would likely signal a stronger rebound taking place. Subsequent resistance points are pegged at MYR1.00, followed by MYR1.06. A-stop-loss can be placed below MYR0.93.
Source: RHB Securities Research - 17 Mar 2020
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