RHB Retail Research

Trading Stocks - Prolexus

Publish date: Thu, 03 Jun 2021, 05:59 PM
0 9,019
RHB Retail Research

Prolexus may be on course to retest its multi-month high after it tested the immediate resistance yesterday as it formed a “higher low” pattern. The bullish bias may appear if it breaches the MYR1.05 immediate resistance level. If a breakout happens, it may climb further towards MYR1.15 level, followed by MYR1.21 – its multi-month high. This expectation would be reversed if it drops below the MYR0.97 support level.

Source: RHB Securities Research - 3 Jun 2021

Related Stocks
Market Buzz
More articles on RHB Retail Research
Be the first to like this. Showing 0 of 0 comments

Post a Comment