Serba Dinamik’s buying momentum may have returned after it rose above the 21-day SMA line. This upward momentum is likely to continue, given that it has posted a third consecutive white candle. A bullish bias may appear above the MYR3.22 level, with an exit set below the MYR3.06 threshold. Towards the upside, the near-term resistance is at MYR3.40. This is followed by the MYR3.54 level.
Source: RHB Securities Research - 2 Jul 2018
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Created by rhboskres | Aug 26, 2024