RHB Retail Research
Trading Stocks - United U-LI Corporation
United U-LI Corporation is showing early signs of resuming its upward move after the recent retracement leg came close to testing the rising 21-day SMA line. A positive bias may emerge above MYR0.48 with resistance levels set at MYR0.52 and MYR0.56. This positive bias would stay provided MYR0.48 support is not breached.
Source: RHB Securities Research - 9 Sept 2020
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