WCE Holdings is set to climb higher, after breaching above the MYR0.73 resistance yesterday, on surging trading volume. If the bullish momentum persists, the stock may scale higher towards the 5-year high of MYR0.89, followed by the MYR1 mark. Conversely, falling below the MYR0.67 support will signal a bearish reversal of this trend, as it falls below the SMA line.
Source: RHB Securities Research - 22 Sept 2023
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