RHB Retail Research
Trading Stocks- Supermax Corporation
Supermax attempted to cross decisively above the MYR7.72 resistance and the 21-day SMA line yesterday. An upside breach of the MYR7.72 point will likely signal the resumption of the stock’s uptrend. The next resistance points are at MYR8.40 and MYR9.00. A stop-loss can be set below MYR7.45.
Source: RHB Securities Research - 6 Jul 2020
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