RHB Retail Research
Technical Analysis - Serba Dinamik
Serba Dinamik may climb higher after recording a higher close vis-a-vis the previous session. In view that the 21-day SMA line is likely to turn upwards, this also implies a positive outlook sentiment. A bullish bias may appear above the MYR3.90 level, with an exit set below the MYR3.73 threshold. Towards the upside, the near-term resistance is at MYR4.23. This is followed by the MYR4.50 level.
Source: RHB Securities Research - 11 Oct 2018
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