Possible for further recovery. KOMARK is recovering from its consolidation phase, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.165 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.180.
However, failure to hold on to support level of RM0.130 may indicate weakness in the share price and hence, a cut-loss signal.
Source: PublicInvest Research - 16 Jul 2021
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Created by PublicInvest | Apr 26, 2024