RHB Retail Research
Trading Stocks - Niche Capital Emas
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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