RHB Retail Research
Technical Analysis - Serba Dinamik
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Serba Dinamik formed a long white candle, indicating that the momentum of buying could be strong. As the stock has recently breached above the downtrend line drawn in the chart, this indicates a positive sign. A bullish bias may appear above the MYR3.35 level, with an exit set below the MYR3.06 threshold. Towards the upside, the near-term resistance is at MYR3.66. This is followed by the MYR3.80 level.
Source: RHB Securities Research - 4 Jul 2018
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