Hei-Tech Padu extended its rebound for a second consecutive session, to cross above the 21-day SMA line on heavy volume. This was after it recently tested the MYR0.985 support mark. A positive bias may appear above MYR1.06, with resistance levels at MYR1.20, followed by MYR1.25. A downside breach of MYR1.06 would nullify this positive bias.
Source: RHB Securities Research - 10 Sept 2020
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Created by rhboskres | Aug 26, 2024