RHB Retail Research
Trading Stocks - BCM Alliance
BCM Alliance formed a white candle to cross above the MYR0.275 resistance extending its upward move from the 21- day SMA line. A positive bias may emerge above MYR0.275 with resistance points pegged at MYR0.31 followed by MYR0.35. A stop-loss can be placed below MYR0.275.
Source: RHB Securities Research - 30 Jul 2020
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