Opcom Holdings is set to resume its bullish momentum after it bounced strongly yesterday following a recent pullback, and pushed past the MYR0.94 mark. Above that level, the bulls are expected to drive the stock towards the MYR1.00 resistance, followed by MYR1.20. However, the momentum may decline if it falls below the MYR0.875 support, forming a “lower low” bearish pattern.
Source: RHB Securities Research - 14 Apr 2022
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Created by rhbinvest | Apr 23, 2024