RHB Retail Research
Trading Stocks - Minetech Resources
Mintech formed a “Bullish Engulfing” pattern and regained above the rising 21-day SMA line – this suggests a possibility of uptrend resumption. A positive bias may emerge above MYR0.285, with resistance levels marked at MYR0.32, followed by MYR0.335. A stop-loss can be placed below MYR0.285.
Source: RHB Securities Research - 2 Jul 2020
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