RHB Retail Research
Trading Stocks- Advancecon Holdings
Advancecon tested and rebounded from the support level of MYR0.375 in the latest session. This is a support level of the 1-week sideways consolidation of the stock, following its prior upward move. A positive bias may emerge above this point while the resistance level is at MYR0.40, followed by MYR0.425. A stop-loss can be set below MYR0.375.
Source: RHB Securities Research - 27 May 2020
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