Time DotCom may rise higher after it recently breached above the MYR8.50 threshold. Yesterday’s close has sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A bullish bias may emerge above the MYR8.50 level, with an exit set below the MYR8.00 threshold. Towards the upside, the immediate resistance is at MYR9.30. This is followed by the MYR10.00 level.
Source: RHB Securities Research - 14 Mar 2019
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Created by rhboskres | Aug 26, 2024