RHB Retail Research
Trading Stocks - Omesti Group
Omesti Group is showing early signs of developing a rebound after it experienced a sharp retracement over the past five weeks. An upside breach of MYR0.56 would likely signal an extension of a rebound with subsequent resistance points pegged at MYR0.60 and MYR0.62. This expectation would be invalidated if share price dips below MYR0.535.
Source: RHB Securities Research - 15 Sept 2020
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