RHB Retail Research
Trading Stocks - Opensys (M)
Opensys showed signs of attempting to stage a rebound after it came in near to test the 200-day SMA line. Towards the upside, should the stock manage to cross above the MYR0.51 resistance, this would confirm the possibility of a rebound occurring. The subsequent resistance levels are marked at MYR0.535 and MYR0.565. A downside breach of MYR0.50 would negate this positive bias.
Source: RHB Securities Research - 13 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....
