Serba Dinamik may rise higher after hitting its new 52-week high. This upward momentum is likely to continue, given that it has posted a second consecutive white candle. A positive bias may emerge above the MYR4.30 level, with an exit set below the MYR4.08 threshold. Towards the upside, the immediate resistance is at the MYR4.60 level. This is followed by the MYR4.80 level.
Source: RHB Securities Research - 22 Aug 2019
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Created by rhboskres | Aug 26, 2024