Orion IXL completed bottom-building process in October, says RHB Retail Research

Orion IXL completed bottom-building process in October, says RHB Retail Research
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KUALA LUMPUR (Nov 30): RHB Retail Research said Orion IXL Bhd completed its bottom-building process in October, and had been developing a rebound phase.

In a trading stocks note today, the research house said this rebound could be extended further if its share price breaches above the 10 sen resistance level.

“The subsequent resistance points are at 12 sen and 13.5 sen.

“A downside breach of nine sen would cancel this positive case,” it said.