RHB Retail Research

Trading Stocks - Hartalega

Publish date: Fri, 26 Nov 2021, 05:52 PM
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RHB Retail Research

Hartalega is attempting to stage a technical rebound. The trading volume has been decreasing, which suggest that selling pressure is tapering down. If the stock climbs above the immediate resistance of MYR5.20, a bullish bias could emerge. It may climb higher towards the next resistance of MYR5.40, followed by MYR5.60. Meanwhile, breaching below the MYR4.97 support may see the correction resuming.

Source: RHB Securities Research - 26 Nov 2021

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