RHB Retail Research
Trading Stocks - Tasco
Tasco exhibited signs of a technical rebound after it formed a long lower shadow near the immediate support level. If it manages to cross above the immediate resistance of MYR1.19 – reclaiming the territory above the 21-day SMA line – a bullish bias should emerge. Towards the upside, the next resistance is set at MYR1.27, then MYR1.33. Meanwhile, if the stock drops below the support level of MYR1.11, this expectation will be cancelled.
Source: RHB Securities Research - 7 May 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....
