Oppstar is in the midst of a sideways consolidation between MYR1.80 and MYR2. If it manages to rebound above the MYR2 consolidation phase, a bullish bias may emerge. The bullish momentum then will bring the stock higher towards the MYR2.25 resistance, followed by MYR2.40. On the other hand, falling below the MYR1.80 support would spark a bearish movement.
Source: RHB Securities Research - 6 Jul 2023
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Created by rhbinvest | May 17, 2024