RHB Retail Research

Trading Stocks - Optimax Holdings

rhboskres
Publish date: Tue, 14 Dec 2021, 08:47 AM
rhboskres
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RHB Retail Research

Optimax Holdings is set to print an uptrend movement as it gapped up yesterday while breaching above the MYR1.38 immediate resistance on strong volumes – printing a “White Marubozu” candlestick. If the breakout sustains above that level, the bullish momentum should continue towards the MYR1.51 level, followed by the MYR1.57 next resistance. Conversely, falling below the MYR1.33 support will cancel this expectation.

Source: RHB Securities Research - 14 Dec 2021

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