Mega First is extending its bullish trajectory after climbing above its strong resistance level. The counter rose above the MYR3.70 resistance level as bullish momentum gained speed. A follow through or “higher high” price action would see the stock move towards the MYR4 mark, followed by MYR4.25. If it falls below the support level at MYR3.53, the bullish setup would be negated.
Source: RHB Securities Research - 15 Jan 2024
Chart | Stock Name | Last | Change | Volume |
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Created by rhbinvest | Dec 20, 2024
Created by rhbinvest | Dec 20, 2024
Created by rhbinvest | Dec 20, 2024