RHB Retail Research
Trading Stocks - Hextar Industries
Hextar Industries surged above the immediate resistance level on high trading volume. Observed that the stock has formed a fresh “higher high” after breaking past the MYR0.355 resistance level. If it sustains above the resistance-turnedsupport level, the upward movement may extend towards the next resistance of MYR0.42, followed by MYR0.46. On the other hand, falling below the MYR0.31 support may see the stock move downwards.
Source: RHB Securities Research - 6 Aug 2021
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