At the time of writing, Time dotCom may rebound further after it continued to hold above the MYR9.40 support. In view that the 21-day SMA line will likely begin turning upwards, this is an indication of a positive sign. A positive bias may emerge above the MYR9.40 level, with an exit set below the MYR9.40 threshold. Towards the upside, the immediate resistance is at the MYR9.80 mark, followed by the MYR10.00 level.
Source: RHB Securities Research - 12 Mar 2020
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Created by rhboskres | Aug 26, 2024