RHB Retail Research
Trading Stocks - Muda Holdings
Muda Holdings may be developing a new upwave, as it has extended the breakout from the 21-day SMA line. A positive bias may appear above MYR1.60, with resistance points set at MYR1.80 and MYR1.90. A downside breach of MYR1.60 would cancel this positive case.
Source: RHB Securities Research - 9 Oct 2020
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