MI Technovation has been holding above the MYR2.00 support mark, obtained from the low of the 26 Dec 2018’s “Hammer”, over the recent months. Positive bias may appear above this level, with the exit set below the same threshold. Towards the upside, immediate resistance is pegged at MYR2.30, this is followed by MYR2.50.
Source: RHB Securities Research - 12 Apr 2019
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Created by rhboskres | Aug 26, 2024