RHB Retail Research
Trading Stocks - MMS Ventures
MMS Ventures may rebound higher after it continued holding above the MYR0.80 support. Given that the stock has formed a “Bullish Harami” pattern on 23 Jan, this indicates a potential rebound. A positive bias may emerge above the MYR0.82 level, with an exit set below the MYR0.80 mark. Towards the upside, the immediate resistance is at the MYR0.865 level, followed by the MYR0.905 threshold.
Source: RHB Securities Research - 24 Jan 2020
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