RHB Retail Research
Trading Stocks - Hexza Corporation
Hexza Corporation broke away from its 2-week consolidation phase – this happened around the 21-day SMA line, in the latest session. It also indicates that there is a good possibility of its positive price trajectory being extended. A positive bias may appear above MYR1.36, with resistance levels set at MYR1.44 and MYR1.54. The point of invalidation would stem from a downside breach of the MYR1.36 level.
Source: RHB Securities Research - 2 Dec 2020
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