RHB Retail Research

Trading Stocks - REDtone International

rhboskres
Publish date: Mon, 27 Apr 2020, 11:26 AM
rhboskres
0 9,020
RHB Retail Research

REDtone International was testing the MYR0.445 level in its latest session. If the price breaks out, a bullish bias may be present above this point, with a target price of MYR0.495, followed by MYR0.53. The stock may consolidate further if it cannot breach above the MYR0.445 mark in the coming sessions. Support may be found at MYR0.375, where traders can exit upon a breach to limit the downside risk.

Source: RHB Securities Research - 27 Apr 2020

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