Possible for sideways breakout. LUXCHEM remained resilient while trending sideways. Corresponding RSI and MACD indicators remain healthy while trending sideways, with anticipation of continuous improvement in both momentum and trend in the near term. Should resistance level of RM0.760 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.790.
However, failure to hold on to support level of RM0.690 may indicate weakness in the share price and hence, a cut-loss signal
Source: PublicInvest Research - 10 Jul 2020
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DickyMe
Technical buy call for 8 sen ???
Seems like Public Bank analyst advocate scalping for peanut.
2020-07-16 11:47