RHB Retail Research
Trading Stocks - Hiap Teck Venture
Hiap Teck Venture is set for a rebound as it breached the MYR0.575 immediate resistance on strong volume yesterday. A bullish bias above that level is expected to propel the stock towards the MYR0.63 recent high, followed by MYR0.705 – its 52-week high. However, this expectation will be cancelled if it falls below the support of MYR0.545.
Source: RHB Securities Research - 29 Sept 2021
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