RHB Retail Research
Technical Analysis - Ni Hsin Resources
Ni Hsin Resources has been consolidating sideways over the past two weeks, between the support and resistance of MYR0.275 and MYR0.31. A firm breach above the resistance will likely signal the resumption of the uptrend. Subsequent resistance levels are pegged at MYR0.35 and MYR0.40. A stop-loss can be placed below MYR0.275.
Source: RHB Securities Research - 28 Nov 2018
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