RHB Retail Research

Trading Stocks - Spring Art

rhboskres
Publish date: Tue, 02 Feb 2021, 11:47 AM
rhboskres
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RHB Retail Research

Spring Art saw trading volume building up, touching the resistance level at MYR0.40. If the stock crosses this resistance, a bullish bias may emerge. The positive momentum may drive it towards the next resistance level pegged at MYR0.43, followed by MYR0.47. A downside breach of the MYR0.36 support level would nullify this expectation and see further share price correction.

Source: RHB Securities Research - 2 Feb 2021

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