Possible for sideways breakout. FAST is potentially staging a recovery after rebounding off its key support horizon, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.255 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.280.
However, failure to hold on to support level of RM0.215 may indicate weakness in the share price and hence, a cut-loss signal.
Source: PublicInvest Research - 8 Oct 2021
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Created by PublicInvest | Apr 26, 2024