Malaysia Building Society is poised for a technical breakout after bouncing off the ascending 21-day SMA line on strong volume yesterday. If a breakout above the MYR0.78 immediate resistance happens, the counter should trend upwards and head for the MYR0.82 resistance, followed by the MYR0.90 mark. Meanwhile, falling below the MYR0.75 immediate support will nullify the bullish setup.
Source: RHB Securities Research - 5 Mar 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