Harn Len Corporation is firming up its uptrend rebound after it bounced off the 21-day average line yesterday, surpassing the MYR1.24 level. If it manages to sustain above that level, the stock may propel towards the recent high of MYR1.31, then the MYR1.40 threshold. Conversely, the momentum may reverse if it drops below the MYR1.16 support – siganalling a bearish bias beneath the average line.
Source: RHB Securities Research - 2 Jun 2022
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