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Yesterday’s price action saw renewed buying interest with higher trading volume following the announcement of them securing a RM338m contract for the supply of disposable nitrile examination gloves.
On the back of the positive development, we expect continued bullish momentum potentially breaking above the RM1.30 level.
From here, resistance levels are identified at RM1.31 (R1) and RM1.55 (R2).
Conversely, support levels are expected at RM1.06 (S1) and RM0.76 (S2).
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....