Mah Sing was in full momentum as it broke past the resistance level of MYR0.91. As trading volume increased, we expect the bullish momentum to continue and reach the next resistance level of MYR1.03, followed by MYR1.15. This positive expectation should remain valid, provided the MYR0.815 support does not fail.
Source: RHB Securities Research - 19 Oct 2020
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Created by rhboskres | Aug 26, 2024