RHB Retail Research
Trading Stocks - Luxchem Corporation
Luxchem Corporation tried to breach its 6-week high on the back of improved volume. If the stock pushes above the immediate resistance level of MYR0.845 level, a bullish bias may appear. The next resistance level is pegged at MYR0.91, followed by MYR0.96. Meanwhile, if the support level of MYR0.79 is breached, this trading set-up would be invalidated.
Source: RHB Securities Research - 9 Apr 2021
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
