Hiap Teck Venture is attempting a breakout from its sideways trading range after rebounding from a relatively strong support of MYR0.16. A positive bias may emerge above MYR0.17 with resistance points pegged at MYR0.195 and MYR0.21. A downside breach of MYR0.17 would invalidate this positive expectation.
Source: RHB Securities Research - 14 Sept 2020
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