RHB Retail Research
Trading Stocks - Thong Guan Industries
Thong Guan Industries has been developing a sideways consolidation phase over the past two weeks, after breaking out from the 21-day SMA line. A positive bias may appear above MYR5.38, with subsequent resistance levels marked at MYR5.60 and MYR5.80. A downside breach of MYR5.25 would invalidate this p
Source: RHB Securities Research - 9 Oct 2020
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