Insas may move higher, says RHB Retail Research

TheEdge Fri, Aug 30, 2019 08:26am - 4 years View Original


KUALA LUMPUR (Aug 30): RHB Retail Research said Insas Bhd may move higher after it continued holding above the 76 sen support.

In a trading stocks note today, the research house said as the stock climbed above the 21-day SMA line, this indicates a positive sign.

“A positive bias may emerge above the 78.5 sen level, with an exit set below the 76 sen threshold.

“Towards the upside, the immediate resistance is at the 83.5 sen level. This is followed by the 87 sen level,” it said.

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

INSAS 1.060

Comments

Login to comment.