Naim Holdings underwent a consolidation below the MYR0.82 resistance point, after a sharp rebound off the 21-day SMA line in previous sessions. A positive bias may emerge above the MYR0.82 level, with resistance points pegged at MYR0.90, followed by MYR0.95. A stop-loss can be set below MYR0.765.
Source: RHB Securities Research - 19 Jun 2020
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