Infoline Tec Group is set to trend upwards, having pushed past its MYR0.82 previous breakout, forming a “White Marubozu” bullish candlestick. Amid the fresh “higher high” bullish pattern, the stock is set to climb towards the immediate resistance of MYR0.87, then MYR0.91. A fall below the MYR0.80 support would negate the bullish setup.
Source: RHB Securities Research - 30 Nov 2023
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