Tomypak may climb higher, says RHB Retail Research
KUALA LUMPUR (Feb 28): RHB Retail Research said Tomypak Holdings Bhd may climb higher after posting a long white candle and hitting its highest close in more than seven months.
In a trading stocks note today, the research house said that the positive slope of the 21-day SMA line suggests the likelihood of increasing demand in the coming sessions.
“A bullish bias may emerge at above the RM1.78 level, with an exit set below the RM1.64 threshold.
“Towards the upside, the immediate resistance level is seen at RM1.99. This is followed by the RM2.09 level,” it said.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Littlefield
11 posts
Posted by Littlefield > 2017-01-18 11:23 | Report Abuse
not moving at all....passive stock.