RHB Retail Research: SIG Gases rebound may be extended

RHB Retail Research says SIG Gases Berhad formed a white candle, breaching above the MYR0.46 resistance mark.

In a trading note, the research house says this, together with the rising 21-day SMA line, suggests that its rebound is being extended.

“Resistance points are at MYR0.49, followed by MYR0.52. A stop-loss can be set below MYR0.46,” it says.

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