RHB Retail Research
Trading Stocks - Wegmans
Wegmans is moving up with strong momentum as it broke past the resistance level of MYR0.37. As trading volume increased, we expect the bullish momentum to maintain and reach the next resistance level of MYR0.405, followed by MYR0.43. This positive expectation should remain valid, provided the MYR0.34 support does not fail.
Source: RHB Securities Research - 16 Oct 2020
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