Bermaz Auto is poised to move past the sideways consolidation phase of MYR1.82 resistance, as buying interest was observed over the last two sessions – bulding up its momentum above the 21-day average line. If it manages to push past that resistance level, it may climb further towards the recent high of MYR1.88, followed by the MYR2.00 psychological level. If it falls below the support level of MYR1.73, the stock may trend downwards, forming a “lower low” bearish pattern.
Source: RHB Securities Research - 16 Jun 2022
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Created by rhbinvest | Apr 23, 2024
Created by rhbinvest | Apr 22, 2024
Created by rhbinvest | Apr 22, 2024