RHB Retail Research

Trading Stocks - Hiap Teck Ventur

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Publish date: Fri, 06 Nov 2020, 06:22 PM
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RHB Retail Research

Hiap Teck Venture formed a white candle to cross above the MYR0.195 resistance and the 21-day SMA line on improved volume – a possible early indication that a rebound is taking place. A positive bias may appear above MYR0.195, with resistance points expected at MYR0.22 followed by MYR0.235. A downside breach of MYR0.19 would nullify this positive expectation.

Source: RHB Securities Research - 11 Nov 2020

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