RHB Retail Research
Trading Stocks - Velesto Energy
Velesto Energy formed a white candle to cross above the MYR0.16 mark and the 21-day SMA line on strong volume yesterday. A positive bias may emerge above MYR0.16, with resistance levels pegged at MYR0.175, followed by MYR0.19. Traders can set a stop-loss below MYR0.16
Source: RHB Securities Research - 12 Aug 2020
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