RHB Retail Research
Trading Stocks - Sarawak Consolidated industries
Sarawak Consolidated Industries continued to trend higher yesterday, testing the multi-year high resistance level of MYR3.90. As the trading volume is increasing, we expect the bullish momentum to move higher and reach the next resistance level of MYR4.05, followed by MYR4.30. This positive expectation should remain valid, provided the MYR3.70 support does not fail
Source: RHB Securities Research - 22 Oct 2020
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