RHB Retail Research
Trading Stocks (mid-day) - Omesti
At the time of writing, Omesti was holding up above the MYR0.57 support. As the 21-day SMA line is likely to turn higher, this indicates a positive sign. An upbeat bias may emerge above the MYR0.60 level, with an exit set below the MYR0.57 mark. Towards the upside, the immediate resistance is at the MYR0.68 level, followed by the MYR0.715 threshold.
Source: RHB Securities Research - 5 May 2020
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