RHB Retail Research

Trading Stocks - Harbour-Link

rhboskres
Publish date: Fri, 19 Feb 2021, 05:51 PM
rhboskres
0 9,020
RHB Retail Research

Harbour-Link is rebounding near the 21-day SMA line. With the 21-day SMA line curving upwards, the uptrend remains intact. A bullish bias may appear above the MYR0.92 resistance level. A successful breakout from the resistance should see the stock trading higher to test the next hurdle of MYR1.00, followed by MYR1.10. A downside breach of the MYR0.82 support would negate this expectation, and trigger a stock price correction.

Source: RHB Securities Research - 19 Feb 2021

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