Hiap Teck Venture formed a white candle to cross above the MYR0.195 resistance and the 21-day SMA line on improved volume – a possible early indication that a rebound is taking place. A positive bias may appear above MYR0.195, with resistance points expected at MYR0.22 followed by MYR0.235. A downside breach of MYR0.19 would nullify this positive expectation.
Source: RHB Securities Research - 11 Nov 2020
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Created by rhboskres | Aug 26, 2024