RHB Retail Research: Revenue shows signs of rebound

RHB Retail Research says Revenue Group Berhad is showing signs of extending its rebound as it crossed above the MYR1.21 resistance mark and the 21-day SMA line.

In a trading note, the research house says a positive bias may emerge above MYR1.21 while the following resistance points are pegged at MYR1.27, followed by MYR1.30.

“A stop-loss can be placed below MYR1.19,” it says.

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