RHB Retail Research
Trading Stocks - Nova Wellness
Nova Wellness is attempting to move above the resistance level of MYR0.97. The increase in trading volume during the latest session points to a spike in buying interest. If it trades above MYR0.97, expect the bullish momentum to reach the next resistance of MYR1.04, followed by MYR1.11. A downside breach of the MYR0.90 support level would nullify this expectation.
Source: RHB Securities Research - 13 Oct 2020
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