RHB Retail Research
Trading Stocks - Tomypak Holdings
Tomypak staged a positive intraday price reversal on strong volume to cross above the 21-day SMA line – indicating a possibility that it may be resuming its uptrend. A positive bias may appear above MYR0.83 with resistance levels set at MYR0.915 and MYR0.945. This bias would be void if the MYR0.83 fails to hold.
Source: RHB Securities Research - 25 Nov 2020
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