RHB Retail Research
Trading Stocks - Hexza Corp
Hexza formed a white candle to cross above the MYR1.26 resistance, indicating that its recent upward move following the re-testing of the 21-day SMA line points to a sturdy continuation. A positive bias may emerge above MYR1.26, with resistance levels pegged at MYR1.38, followed by MYR1.45. A stop-loss can be placed below MYR1.26.
Source: RHB Securities Research - 9 Jun 2020
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