RHB Retail Research
Trading Stocks - Harbour-Link Group
Harbour-Link Group has been developing a likely consolidation phase over the past five weeks. This came after it underwent a relatively sharp 2-month upward move between October and December last year. Towards the upside, should the stock manage to cross above the MYR0.82 resistance, the next hurdles are pegged at MYR0.875 and MYR0.90. A downside breach of MYR0.79 would cancel this expectation.
Source: RHB Securities Research - 19 Jan 2021
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