RHB Retail Research
Trading Stocks - Bioalpha Holdings
Bioalpha Holdings has been trading in a narrow sideways pattern over the past two weeks, above the rising 21-day SMA line. An upside breach of MYR0.295 would signal a breakout from this consolidation phase, which could see the stock challenge the MYR0.325 and MYR0.35 resistance points. This bias would be negated, if the MYR0.285 support fails.
Source: RHB Securities Research - 2 Dec 2020
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Bad call from RHB
2020-12-02 16:39