HSS Engineers is eyeing to extend the upside movement after staging an upside breakout. The counter has printed a white candlestick and closed above the MYR1.16 resistance, showing the underlying momentum is bullish. After the breakout, expect a follow-through price action to test the next resistance at MYR1.24, followed by the higher resistance at MYR1.30. A fall below the MYR1.09 support level would invalidate the bullish setup.
Source: RHB Securities Research - 19 Nov 2024
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Created by rhbinvest | Nov 18, 2024
Created by rhbinvest | Nov 18, 2024