Duopharma Biotech may trend higher after it formed a long white candle and breached above the MYR1.17 threshold. This upward momentum is likely to continue, given that it has formed a fourth consecutive white candle. A bullish bias may appear above the MYR1.17 level, with an exit set below the MYR1.08 mark. Towards the upside, the near-term resistance is at MYR1.26. This is followed by the MYR1.32 level.
Source: RHB Securities Research - 22 Mar 2019
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Created by rhboskres | Aug 26, 2024