Salcon continuing to extend its upward move, says RHB Retail Research

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KUALA LUMPUR (Aug 21): RHB Retail Research said Salcon Bhd continued to extend its upward move following the recent retesting of the 21-day SMA line.

In a trading stocks note today, the research house said a positive bias may emerge above 21.5 sen, with resistance levels at 24 sen, followed by 25 sen.

Traders can set a stop-loss below 21 sen,” it said.