RHB Investment Research Reports

Trading Stocks - Protasco

rhbinvest
Publish date: Fri, 02 Feb 2024, 11:51 AM
rhbinvest
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Following Message

Protasco is set to resume its uptrend after rebounding strongly above the 21-day SMA line while breaking past the MYR0.255 immediate resistance. Backed by strong trading volume yesterday, the bulls may lift the stock even more towards the recent high of MYR0.28, followed by MYR0.315. On the flip side, breaching below the MYR0.22 support would negate the bullish setup.

Source: RHB Securities Research - 2 Feb 2024

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