T7 Global has staged a bullish breakout and is poised to extend the upside movement. The counter has move past the MYR0.465 resistance on strong volume, confirming the bullish setup. Riding on the renewed momentum, the counter should scale towards the next resistance at MYR0.50, followed by MYR0.53. Towards the downside, falling below the MYR0.43 support will open the door to a bearish phase.
Source: RHB Securities Research - 5 Feb 2024
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