RHB Retail Research

Trading Stocks - Niche Capital Emas

rhboskres
Publish date: Mon, 05 Oct 2020, 11:57 AM
rhboskres
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RHB Retail Research

Niche Capital Emas sustained a breakout from the MYR0.235 resistance and crossed above the 21-day SMA line on strong volume. A positive bias may appear above MYR0.24 with resistance points eyed at MYR0.275 and MYR0.29. A downside breach of MYR0.24 would invalidate this positive trading thesis.

Source: RHB Securities Research - 5 Oct 2020

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