HPMT poised to propel towards an all-time, says RHB Retail Research

TheEdge Tue, Dec 14, 2021 07:19am - 8 months View Original


KUALA LUMPUR (Dec 14): RHB Retail Research said HPMT Holdings Bhd is poised to propel towards an all-time high as it bounced off the 21-day average line while hitting the 70 sen nearest resistance on strong trading volumes.

In a trading stocks note today, the research house said if the stock manages to move past above this level, bullish momentum may persist to propel it towards the 76 sen historical high before possibly printing its new high level at 80 sen.

“This expectation will be nullified if it falls below the 65 sen support level, ie below the average line,” it said.

 

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Comments

Ah Choon Wong
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耒了,好消息来了.......小刀据大树 !

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