Guan Chong broke away from its 3-week sideways consolidation phase in the latest session – suggesting it is now likely to resume its upward move. Towards the upside, the resistance targets are eyed at MYR4.20, followed by MYR4.50. A stop-loss can be placed below MYR3.84.
Source: RHB Securities Research - 18 Sept 2019
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Created by rhboskres | Aug 26, 2024