RHB Retail Research

Trading Stocks - UWC

rhboskres
Publish date: Thu, 29 Jul 2021, 06:23 PM
rhboskres
0 9,020
RHB Retail Research

UWC extended its recent rebound after breaching the immediate resistance of MYR5.73 yesterday and forming a bullish “long white candlestick”. Coupled with the “higher low” bullish pattern, the bullish momentum should propel the stock towards the next resistance at MYR6.25, and subsequently, MYR6.65. Meanwhile, falling below the MYR5.60 support level may see the stock move downwards.

Source: RHB Securities Research - 29 Jul 2021

Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment