RHB Retail Research
Trading Stocks- Tomei Consolidated
Tomei Consolidated formed a white candle to cross above its 7-week downtrend line – potentially marking the resumption of its upward move. A positive bias may emerge above MYR0.47, with resistance points pegged at MYR0.515, followed by MYR0.550. A stop-loss can be placed below MYR0.47.
Source: RHB Securities Research - 17 Jun 2020
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