RHB Retail Research
Trading Stocks - QES Group
QES Group is showing signs of extending its rebound after crossing above 21-day SMA line on strong volume. This positive bias is likely to be extended if it manages to stay above the MYR0.53 immediate support. The next resistance levels are pegged at MYR0.59 and MYR0.665. If the support level of MYR0.495 is broken, this trading set-up will be invalidated.
Source: RHB Securities Research - 24 Mar 2021
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