RHB Retail Research
Trading Stocks - Hwa Tai Industries
Hwa Tai Industries is in the process of consolidating sideways following a recent pullback. If it manages to surpass the consolidation level of MYR0.685, expect the bullish momentum to drive the stock further towards the immediate resistance of MYR0.725, then MYR0.805. Conversely, falling below the support level of MYR0.63 will cancel this expectation.
Source: RHB Securities Research - 30 Dec 2021
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