Serba Dinamik came close to testing the MYR4.40 immediate resistance yesterday. A firm breakaway from this level will likely signal the extension of its upward move, after it recently tested the 30-day SMA line. Resistance could emerge at MYR4.56, followed by MYR4.70. A stop-loss can be set below MYR4.32.
Source: RHB Securities Research - 21 Nov 2019
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Created by rhboskres | Aug 26, 2024