RHB Retail Research

Trading Stocks - Ranhill Utilities

rhboskres
Publish date: Thu, 11 Mar 2021, 06:07 PM
rhboskres
0 9,020
RHB Retail Research

Ranhill Utilities’ bottom building process has likely completed and the possibility is high that it is in the early stages of extending its upward move. A positive bias is expected above MYR0.84 with resistance levels marked at MYR0.915 and MYR0.98. A downside breach of MYR0.84 would cancel this expectation.

Source: RHB Securities Research - 11 Mar 2021

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