Salutica may rebound higher, says RHB Retail Research

TheEdge Fri, Sep 21, 2018 08:32am - 5 years View Original


KUALA LUMPUR (Sept 21): RHB Retail Research said Salutica Bhd may rebound higher after it continued holding above the 52.5 sen support.

In a trading stocks note today, the research house said given that it has formed a positive candle for the second consecutive day, the positive sentiment has been enhanced.

“A bullish bias may appear above the 57 sen level, with an exit set below the 52.5 sen threshold.

“Towards the upside, the near-term resistance is at 67.5 sen. This is followed by the 72.5 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

SALUTE 0.725

Comments

Login to comment.