RHB Retail Research
Trading Stocks - Naim Holdings
Naim Holdings is likely extending it multi-week uptrend, which stretched from the low in September, following the possible completion of its consolidation phase in the latest session. A positive bias may appear above MYR0.865, with resistance levels marked at MYR0.92 and MYR1.00. A downside breach of MYR0.865 would cancel this positive thesis.
Source: RHB Securities Research - 3 Nov 2020
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