RHB Retail Research
Trading Stocks - QES Group
QES Group underwent a technical breakout yesterday and is poised to retest the all-time high level again. Coupled with high trading volume, the bullish bias should keep it above the MYR0.60 immediate support level, to lift it towards the next resistance level of MYR0.70, followed by MYR0.735. If it falls below the MYR0.56 support, this positive anticipation may be nullified.
Source: RHB Securities Research - 20 May 2021
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