DRB-HICOM may rise higher after it breached above the MYR2.23 threshold. With the 21-day SMA line edging upwards, this also implies a positive outlook sentiment. A positive bias may emerge above the MYR2.23 level, with an exit set below the MYR2.13 threshold. Towards the upside, the immediate resistance is at MYR2.40 level. This is followed by the MYR2.58 level.
Source: RHB Securities Research - 3 Jul 2019
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Created by rhboskres | Aug 26, 2024