RHB Retail Research
Trading Stocks - Fitters Diversified
Fitters Diversified may rebound higher after it continued holding above the MYR0.375 support. The upward momentum will likely continue, as it has breached above the downtrend line drawn in the chart. A positive bias may emerge above the MYR0.40 level, with an exit set below the MYR0.375 threshold. Towards the upside, the immediate resistance is at the MYR0.435 level. This is followed by the MYR0.45 mark.
Source: RHB Securities Research - 11 Oct 2019
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