More Upside Ahead for Southern Score Builders?

Publish date: Mon, 27 May 2024, 08:12 AM

With Southern Score Builders’ (KLSE: SSB8) participation in data centre projects, the price volume action of the company has gone full bullish mode, breaking the key resistance level of RM0.550 (now resistance turned support), and heading strongly towards RM0.600. Moving average wise, MA5/10/20/50 all showed positive momentum, and we see Southern Score challenging RM0.650 on the coming trading days.

Support: RM0.550, RM0.500

Resistance: RM0.600, RM0.650

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