LGMS has confirmed a bullish setup after breaking past a key resistance on strong volume. The counter has climbed above the MYR1.05 resistance, signalling that the consolidation phase is over. Riding on this strong bullish momentum, expect a followthrough price action to test the next resistance at MYR1.18, followed by MYR1.27. On the other hand, breaching below the MYR0.98 support will resume the correction phase.
Source: RHB Securities Research - 15 Apr 2024
Chart | Stock Name | Last | Change | Volume |
---|
Created by rhbinvest | Dec 20, 2024
Created by rhbinvest | Dec 20, 2024
Created by rhbinvest | Dec 20, 2024