RHB Retail Research
Trading Stocks - Focus Dynamics
Focus Dynamics’ 2-week correction phase in the form of a sharp retracement may have, at the minimum, reached an interim low, and a rebound could be developing. A positive bias may appear above MYR0.73, with resistance points pegged at MYR0.79 and MYR0.88. A downside breach of MYR0.73 would negate this expectation.
Source: RHB Securities Research - 23 Nov 2020
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