Naim extended its recent sessions’ positive momentum, after coming close to testing the 21-day SMA line – it crossed above the MYR0.87 resistance in the latest trading session. A positive bias may emerge above MYR0.90, with resistance points pegged at MYR0.99, followed by MYR1.08. A stop-loss can be set below MYR0.90.
Source: RHB Securities Research - 8 Jul 2020
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Created by rhboskres | Aug 26, 2024