Destini may rebound further, says RHB Retail Research

TheEdge Thu, Aug 15, 2019 08:43am - 4 years View Original


KUALA LUMPUR (Aug 15): RHB Retail Research said Destini Bhd may rebound further after it tested 22.5 sen support in its latest session.

In a trading stocks note today, the research house said this candle has sent the stock to its highest close in more than a week, thereby enhancing the positive sentiment.

“A positive bias may emerge above the 24 sen level, with an exit set below the 22.5 sen threshold.

“Towards the upside, the immediate resistance is at the 28 sen level. This is followed by the 30 sen level,” it said.

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