RHB Retail Research
Trading Stocks- Omesti
Omesti has been undergoing a minor sideways consolidation over the recent sessions, above the rising 21-day SMA line. This was after it recently rebounded from a low of MYR0.555. A positive bias may emerge above the MYR0.585 support level. Meanwhile, the resistance level is at MYR0.645, followed by MYR0.680. A stop-loss can be set below MYR0.58.
Source: RHB Securities Research - 21 May 2020
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