RHB Retail Research
Trading Stocks - QES Group
QES Group broke away from the 21-day SMA line on strong volume after it paused around the said SMA line over the previous three sessions. This implies a high chance for the rebound to extend. A positive bias may appear above MYR0.28 with resistance points eyed at MYR0.315 and MYR0.335. This expectation should stay provided the MYR0.28 support does not fail.
Source: RHB Securities Research - 9 Nov 2020
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