RHB Retail Research: Boustead Holdings forms white candle to cross above resistance mark

RHB Retail Research says Boustead Holdings Berhad formed a white candle to cross above the MYR0.69 resistance mark, following the completion of its consolidation around the 21-day SMA line.

In a trading note, the research house says a positive bias may emerge above MYR0.69, with resistance levels at MYR0.75 and MYR0.80.

A stop-loss can be set below MYR0.675.

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