Kumpulan Powernet may extend its upward move, post the recent testing of the 21-day SMA line. A positive bias may emerge above MYR2.25, with resistance points pegged at MYR2.50, followed by MYR2.60. A stop-loss can be set below MYR2.25.
Source: RHB Securities Research - 24 Jun 2020
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Created by rhboskres | Aug 26, 2024