RHB Retail Research
Trading Stocks - MMS Ventures
MMS Ventures may rise higher after forming a long white candle and leaving an upside gap. With the 21-day SMA line edging upwards, this suggests a likelihood of increasing demand in the near term. A positive bias may emerge above the MYR0.86 level, with an exit set below the MYR0.79 threshold. Towards the upside, the immediate resistance is at MYR0.94. This is followed by the MYR0.965 level.
Source: RHB Securities Research - 6 Nov 2019
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