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RHB Retail Research

Author: rhboskres   |   Latest post: Fri, 17 Sep 2021, 4:15 PM

 

Trading Stocks - DiGi.Com

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DiGi.Com is expected to break above its multi-week sideways consolidation phase as it bounced above the 21-day SMA line yesterday – forming a “higher low” pattern above its immediate support line. If it manages to break above MYR4.32 – the nearest resistance level – the bullish momentum may drive the stock towards the next resistance at MYR4.50, followed by MYR4.72. Meanwhile, breaking below the MYR4.09 support will invalidate this expectation.

Source: RHB Securities Research - 29 Jul 2021

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Labels: DIGI

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Chart Stock Name Last Change Volume 
DIGI 4.47 +0.01 (0.22%) 1,662,700 

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