Stocknews
FTSE Bursa Malaysia KLCI (^KLSE) 1,646.53 14.83 (0.90%)
updated at: Wed, 09 Dec 2020, 05:25PM MYT

Rubberex Corp may rebound further, says RHB Retail Research

RUBEREX
RUBEREX
Original Source From TheEdge Publish at Tue, 31 Mar 2020, 08:38AM

KUALA LUMPUR (March 31): RHB Retail Research said Rubberex Corp Bhd may rebound further after it tested the 69.5 sen support lately.

In a trading stocks note today, the research house said the stock has formed a long white candle and hit its 2-week high, which indicates a positive sign.

“An upbeat bias may emerge above the 76 sen level, with an exit set below the 69.5 sen mark.

“Towards the upside, the immediate resistance is at the 89.5 sen level, followed by the 95 sen threshold,” it said.

Stay home. Get the news from theedgemarkets.com.

Top Participation View More
updated at: Fri, 29 May 2020 MYT
Participation (%)
Bought (MYR)
Sold (MYR)
Net
Foreign
( 24,36 % )
2.31 B 2.23 B 77.37 M
Local Institution
( 39,38 % )
3.66 B 3.67 B 0.00 B
Local Retail
( 36,26 % )
3.34 B 3.41 B -0.07 B