RHB Retail Research
Trading Stocks - Bahvest Resources
Bahvest Resources formed a white candle to surpass the MYR0.435 resistance, signalling that it has likely completed its basing process, during which it tested the MYR0.395 support multiple times. Towards the upside, a positive bias may emerge above MYR0.435, while the resistance points are pegged at MYR0.455, followed by MYR0.50. A stop-loss can be placed below MYR0.43.
Source: RHB Securities Research - 12 Jun 2020
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