RHB Retail Research
Trading Stocks -Boilermech
Boilermech jumped with high trading volume, testing the two month high resistance level at MYR0.66. As the trading volume has grown in recent sessions, we believe the bullish momentum will continue and break past the resistance level soon. If this happens, the next resistance level should be at MYR0.69, followed by MYR0.72. Meanwhile, a downward breach of the MYR0.63 support should negate this expectation
Source: RHB Securities Research - 2 Nov 2020
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