RHB Retail Research
Trading Stocks - I-Stone
I-Stone is likely developing a rebound, as it crossed above the 21-day SMA line following its recent sharp retracement. A positive bias may emerge above MYR0.24, with resistance levels expected at MYR0.275 and MYR0.30. Traders should set a stop-loss below MYR0.24.
Source: RHB Securities Research - 24 Aug 2020
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