ATA IMS is on the way to clinching a fresh multi-year high again, after testing the resistance level of MYR2.38. As trading volume has surged in recent sessions, we expect the bullish momentum to challenge the next resistance level of MYR2.50, followed by MYR2.60. This positive expectation should remain valid, provided the MYR2.20 support is not breached.
Source: RHB Securities Research - 28 Oct 2020
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Created by rhboskres | Aug 26, 2024