RHB Retail Research
Trading Stocks - Tek Seng
Tek Seng may soon move higher to test the resistance level of RM0.695, and is likely in the process of staging a rebound. If it trades above the resistance level, positive momentum may continue to propel the stock price towards MYR0.73 and MYR0.77. This positive expectation would remain valid, provided the MYR0.62 support does not fail.
Source: RHB Securities Research - 25 Sept 2020
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