Go Hub Capital may rise higher after it tested the 20-day EMA and rebounded higher with a positive candle yesterday. As the stock also pushed above the key RM0.99 resistance a few sessions ago, it may see additional strength in the near term. A bullish bias may emerge above the RM1.10 level with stop-loss set at RM0.98, below the 20-day EMA. Towards the upside, near-term resistance level is seen at RM1.30, followed by RM1.40.
Entry : RM1.10–1.11
Target : RM1.30, RM1.40
Exit : RM0.98
Source: AmInvest Research - 8 Aug 2024
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Created by AmInvest | Dec 20, 2024
Created by AmInvest | Dec 19, 2024