RHB Retail Research
Trading Stocks - Censoft Holdings
Censoft formed a long white candle on strong volume to cross above the MYR0.18 resistance threshold, marking a breakaway from its multi-month congestion area. A positive bias may appear above MYR0.195 with resistance levels eyed at MYR0.235 followed by MYR0.265. A downside breach of MYR0.195 would nullify this positive price forecast.
Source: RHB Securities Research - 30 Nov 2020
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