RHB Retail Research

Trading Stocks - MMS Ventures

rhboskres
Publish date: Wed, 15 Jan 2020, 05:24 PM
rhboskres
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RHB Retail Research

MMS Ventures may rebound higher after it continued holding above the MYR0.72 support. In view that the 21-day SMA line is likely to begin turning upwards, this implies a positive outlook. A positive bias may emerge above the MYR0.78 level, with an exit set below the MYR0.72 threshold. Towards the upside, the immediate resistance is at the MYR0.89 mark. This is followed by the MYR0.965 level.

Source: RHB Securities Research - 15 Jan 2020

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