RHB Retail Research: UCrest may further extend

RHB Retail Research says UCrest Berhad formed a white candle in the latest session, following the retesting of the MYR0.155 support recently – which coincides with the rising 21-day SMA line.

In a trading note, the research house says a positive bias may emerge above MYR0.175 while resistance points are pegged at MYR0.205, followed by MYR0.23.

“A stop-loss can be placed below MYR0.175,” it says.

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