RHB Retail Research

Trading Stocks - FoundPac Group

rhboskres
Publish date: Tue, 14 Jul 2020, 10:04 AM
rhboskres
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RHB Retail Research

FoundPac is likely experiencing a minor consolidation below the MYR0.99 resistance following its recent upward move. An upside breach of the said resistance could mean a positive price trend extension with the resistance levels marked at MYR1.01 followed by MYR1.05. A stop-loss can be placed below MYR0.94.

Source: RHB Securities Research - 20 Jul 2020

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