RHB Investment Research Reports

Trading Stocks - Bina Darulaman

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Publish date: Thu, 04 Apr 2024, 10:59 AM
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Bina Darulaman is poised to resume its uptrend after yesterday’s retreat from the recent breakout – maintaining above the rising 21-day SMA line. If it manages to reclaim the MYR0.425 immediate resistance, the stock would trend higher towards the MYR0.445 recent high, followed by the MYR0.50 next resistance. However, a fall below MYR0.375 invalidates the bullish setup.

Source: RHB Securities Research - 4 Apr 2024

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