Eye On Stock: Hartalega

TheStar Sat, Jan 19, 2019 07:52am - 5 years View Original


 

HARTALEGA Holdings Bhd (code: 5168) extended its rebound yesterday to an intraday high of RM5.38, following a pick up in positive momentum on Thursday.

   

Thursday’s trading saw impressive volume for the counter, rivalling that of Jan 9, during the peak of the recent selloff. The volume remained strong yesterday, suggesting that the buying interest had yet to subside.

This suggests that a recovery for the stock is ongoing after its share price hit bottom at a 13-month low of RM4.92 on Jan 10, following a six-day decline.

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