RHB Retail Research
Trading Stocks - Salcon
Salcon has been undergoing a sideways consolidation over the past few sessions above the MYR0.21 mark and the 21-day SMA line. A positive bias may emerge above MYR0.21 with resistance points pegged at MYR0.225 followed by MYR0.24. A stop-loss can be placed below MYR0.21.
Source: RHB Securities Research - 4 Sept 2020
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