RHB Retail Research
Trading Stocks - NTPM
NTPM rose above the resistance level of MYR0.67. With the 21-day SMA line trending higher, coupled with rising trading volume, we believe that the momentum will continue to drive this stock towards the next resistance levels of MYR0.73 and MYR0.77. This positive expectation should remain valid, provided the MYR0.63 support does not fail.
Source: RHB Securities Research - 12 Oct 2020
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