RHB Retail Research

Trading Stocks - Hibiscus Petroleum

rhboskres
Publish date: Mon, 27 Dec 2021, 08:30 AM
rhboskres
0 9,020
RHB Retail Research

Hibiscus Petroleum is set for an uptrend reversal as it moved past the immediate resistance of MYR0.79 – printing a “White Marubozu” bullish candlestick. If it sustains above that level, the positive momentum may propel it towards the MYR0.83 resistance, then the MYR0.93 mark. This expectation will be nullified if it falls below the MYR0.725 support level.

Source: RHB Securities Research - 27 Dec 2021

Related Stocks
Market Buzz
More articles on RHB Retail Research
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment