RHB Retail Research
Trading Stocks - FoundPac Group
FoundPac Group may move higher after posting a white candle for a second consecutive session. Yesterday’s candle sent the stock to its 2-week high, thereby enhancing the bullish sentiment. An upbeat bias may emerge above the MYR0.545 level, with an exit set below the MYR0.46 mark. Towards the upside, the immediate resistance is at the MYR0.675 level, followed by the MYR0.765 threshold.
Source: RHB Securities Research - 1 Apr 2020
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