Muda Holdings is showing signs of sustaining its breakout from the MYR1.85 resistance point, indicating a sturdy likelihood of extending its upward move. A positive bias may appear above MYR1.85, with resistance points pegged at MYR2.00 and MYR2.10. A downside breach of the MYR1.82 support would nullify this positive expectation.
Source: RHB Securities Research - 25 Nov 2020
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Created by rhboskres | Aug 26, 2024