RHB Retail Research
Trading Stocks - Ranhill Utilities
Ranhill Utilities has likely reached its interim low after it tested the MYR0.815 support in Nov 2020 and rebounded from that level, thereby forming a possible “Double-Bottom” formation. A positive bias may appear above MYR0.84, with resistance levels marked at MYR0.915 and MYR0.98. A downside breach of MYR0.84 would nullify this positive price forecast.
Source: RHB Securities Research - 5 Jan 2021
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
