RHB Retail Research
Trading Stocks - Tomypak Holdings
Tomypak Holdings is showing signs of developing a minor consolidation phase over past sessions below the MYR0.775 resistance. This comes after its sharp rebound off the MYR0.69 support recently. An upside breach of the MYR0.775 resistance could see the stock visiting the subsequent resistance points of MYR0.805 and MYR0.825. A downside breach of MYR0.75 would nullify this positive expectation.
Source: RHB Securities Research - 18 Jan 2021
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