RHB Retail Research
Trading Stocks - Optimax
Optimax gapped up above the resistance level of MYR0.785 with a higher trading volume. From a technical perspective, we see the formation of the breakaway gap, indicating a bullish trend. If it continues to trade above MYR0.785, expect the bullish momentum to reach the next resistance at MYR0.825, followed by MYR0.88. A downside breach of the MYR0.76 support level would nullify this expectation.
Source: RHB Securities Research - 30 Sept 2020
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
