Taliworks may move higher, says RHB Retail Research

TheEdge Fri, Jul 19, 2019 08:31am - 4 years View Original


KUALA LUMPUR (July 19): RHB Retail Research said Taliworks Corp Bhd may move higher after it continued holding above the 90 sen support.

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

“A bullish bias may appear above the 93 sen level, with an exit set below the 90 sen threshold.

“Towards the upside, the near-term resistance is at 98 sen. This is followed by the RM1.02 level,” it said.

 

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