RHB Retail Research
Trading Stocks - WTK Holdings
WTK Holdings broke away its 5-week consolidation phase with a “White Marubozu” candle on surging volume yesterday. The bullish bias has established above the MYR0.48 resistanceturned-support level, which may see the stock continuing its uptrend towards the resistance of MYR0.52, followed by MYR0.575. Meanwhile, a reversal below MYR0.46 would negate this trading set-up.
Source: RHB Securities Research - 22 Apr 2021
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