RHB Retail Research
Trading Stocks - Binasat Communications
Binasat Communications has likely completed its bottombuilding process as it formed a white candle to cross above the 21-day SMA line and MYR0.39 threshold. A positive bias may emerge above MYR0.39 with resistance levels eyed at MYR0.425 and MYR0.45. A stop-loss can be placed below MYR0.39.
Source: RHB Securities Research - 2 Sept 2020
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