RHB Retail Research
Trading Stocks - Boustead Holdings
Boustead Holdings formed a white candle to breach above the MYR0.635 resistance on strong volume, signalling that its multimonth sideways trading range may be extending. A positive bias is expected above MYR0.635, with resistance levels set at MYR0.665 and MYR0.69. This forecast will be void if MYR0.63 support fails.
Source: RHB Securities Research - 13 Jan 2021
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