RHB Retail Research

Trading Stocks - Optimax Holdings

rhboskres
Publish date: Wed, 01 Dec 2021, 05:26 PM
rhboskres
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RHB Retail Research

Optimax Holdings has renewed its bullish momentum following a recent pullback as it bounced off above the recent breakout level of MYR1.32, thereby printing a bullish candlestick. If it manages to stay above that level, the bulls may drive the stock towards the nearest resistance of MYR1.43, followed by MYR1.47. Conversely, falling below the MYR1.26 support will cancel this expectation.

Source: RHB Securities Research - 1 Dec 2021

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