RHB Retail Research
Trading Stocks - QL Resources
QL Resources rebounded from a low during the latest session, testing the MYR6.55 resistance level. If it can cross this threshold, we think it may resume the bullish trend. If this scenario happens, it may challenge the next resistance level at MYR6.70, followed by MYR6.94. This positive expectation should remain valid, provided the MYR6.30 support is not breached.
Source: RHB Securities Research - 30 Oct 2020
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