RHB Retail Research: HeveaBoard able to sustain recent breakout from multi-week downtrend line

RHB Retail Research says HeveaBoard Berhad has been able to sustain its recent breakout from the multi-week downtrend line.

In a trading note, the research house says a positive bias may emerge above MYR0.445 with resistance pegged at MYR0.50 followed by MYR0.515.

A stop-loss can be placed below MYR0.445.

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