RHB Retail Research

Trading Stocks - Hartalega

rhboskres
Publish date: Mon, 30 Mar 2020, 10:39 AM
rhboskres
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RHB Retail Research

Hartalega was testing the MYR7.00 level during its latest session. If the price breaks out, a bullish bias may be present above this point, with a target price of MYR7.50, followed by MYR8.00. The stock may take a breather if it cannot decisively breach the MYR7.00 mark in the near term. Support may be found at MYR6.60, where traders can exit upon a breach to minimise the downside risk.

Source: RHB Securities Research - 30 Mar 2020

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