RHB Retail Research
Trading Stocks - FoundPac Group
FoundPac Group may rebound further after it tested the MYR0.58 support lately. Yesterday’s candle sent the stock to its 3-week high, thereby enhancing the bullish sentiment. An upbeat bias may emerge above the MYR0.64 level, with an exit set below the MYR0.58 mark. Towards the upside, the immediate resistance is at the MYR0.785 level, followed by the MYR0.85 threshold.
Source: RHB Securities Research - 13 Apr 2020
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