Hartalega Holdings - A Neutral Standstill
In this week ahead, the glove stocks are poised to receive shocks from the Malaysia's Parliamentary tabled response on the take of Malaysia 2021's Budget Reform.
This reform entails high fundamental risks to not only glove stocks but also other relevant stocks such as "The Renewable Energy Sector" as the budget pursues a wide variety of efforts to spearhead a conservative development on the companies recovery as well as in prevention of susceptible financial shocks within the country.
As seen on the chart, the support and resistance are drawn and matched precisely in accordance to the stock's historical transactional volume whereby the highs and the lows presented a box of a specific R-R gameplay for investors to look out for. MYX:HARTA
This reform entails high fundamental risks to not only glove stocks but also other relevant stocks such as "The Renewable Energy Sector" as the budget pursues a wide variety of efforts to spearhead a conservative development on the companies recovery as well as in prevention of susceptible financial shocks within the country.
As seen on the chart, the support and resistance are drawn and matched precisely in accordance to the stock's historical transactional volume whereby the highs and the lows presented a box of a specific R-R gameplay for investors to look out for. MYX:HARTA
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