RHB Retail Research
Trading Stocks - Samchem
Samchem formed a white candle to cross the MYR0.775 resistance, extending its rebound from the rising 21-day SMA line. A positive bias may emerge above MYR0.775 with the following resistance points pegged at MYR0.89 and MYR0.95. A stop-loss can be placed below MYR0.775.
Source: RHB Securities Research - 23 Jul 2020
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