RHB Retail Research

Trading Stocks - Revenue Group

rhboskres
Publish date: Fri, 03 Apr 2020, 04:41 PM
rhboskres
0 9,021
RHB Retail Research

Revenue Group may rebound higher after it continued holding above the MYR0.90 support. As the stock rose above the 21- day SMA line, this indicates a positive sign. An upbeat bias may emerge above the MYR1.00 level, with an exit set below the MYR0.90 mark. Towards the upside, the immediate resistance is at the MYR1.18 level, followed by the MYR1.28 threshold.

Source: RHB Securities Research - 3 Apr 2020

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